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Market projections for the Broad National Consumer Price Index (IPCA), for 2026, were reduced for the fifth week in a row according to the Central Bank’s Focus Bulletin.
The expectation for official inflation in 2026 fell to 3.97%. The 2027 projection was 3.80% and the IPCA projection for 2028 and 2029 remained at 3.50.
The GDP projection in 2026 and 2027 was 1.80%. The rates for 2028 and 2029 continued at 2.00%.
In Selic, the projection for 2026 was 12.25%. That of 2027 remains at 10.50%. That of 2028 remains at 10% and that of 2029 is at 9.50%.
