Focus projections estimate a subtle improvement in public accounts and foreign investment for the end of 2024
The financial market maintained the inflation estimate for 2024 at 3.81% per year this Tuesday (6.Feb.2024). Expectations for the exchange rate of the real against the dollar also remained at R$4.92. The data was released by the Bulletin Focusfrom BC (central bank). Here's the complete of the survey (PDF – 790 kB).
The projection for GDP (Gross Domestic Product) growth remained at 1.60%. The same goes for the basic interest rate, the Selic, which repeated last week's median of 9%.
For 2025, the projections collected by Focus showed no variation. The expectation continues to be that the IPCA (Broad National Consumer Price Index) will vary by 3.50%, while GDP is expected to increase by 2%. The Selic rate, in turn, should end next year at 8.5%.
Projections for the trade balance at the end of this year fell from US$78.45 billion to US$76.90 billion. The Union's current account balance should improve, according to the median collected by the BC, from a debt of US$38 billion to US$37.20 billion. Expectations for foreign direct investment in Brazil also increased, rising from US$68.42 billion last week to US$69.84 billion this week.
The Focus Bulletin is published weekly and has summarized since 2000 the statistical estimates of analysts consulted by the BC. It is possible to get to know the institutions here.
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