THE Central Bank (BC) released this Monday (6) a new edition of Focus Bulletin, with financial market projections collected up to last Thursday (2).

Inflation (IPCA)

The median of the projections for the Broad Consumer Price Index (IPCA) The 2026 forecast rose from 4.31% to 4.36%. The 2027 estimate also increased, from 3.84% to 3.85%.

Gross Domestic Product (GDP)

Expectations for growth of Gross Domestic Product (GDP) The forecasts were maintained. For 2026, the market projects growth of 1.85%, while for 2027 the estimate remains at 1.80%.

Exchange

The forecasts for dollar At the end of 2026 and 2027, the rates were maintained at R$ 5.40 and R$ 5.45, respectively.

Selic rate

The market also did not change its projections for the benchmark interest rate. Selic It is estimated at 12.50% per year in 2026 and 10.50% per year in 2027.

This text was translated by machine from Brazilian Portuguese.