THE Central Bank (BC) released this Monday (29) a new edition of Focus Bulletin, with financial market projections collected up to last Friday (26).
Inflation (IPCA)
The median of the estimates for the Broad Consumer Price Index (IPCA) The 2026 forecast remained at 5.33% – ending a cycle of 15 consecutive weeks of increases. The projection for 2027 was raised from 4.15% to 4.17%.
Gross Domestic Product (GDP)
The projected growth of Gross Domestic Product (GDP) The 2026 forecast was adjusted upwards, from 1.98% to 1.99%. For 2027, analysts reduced their estimate by 0.02 percentage points, to 1.68%.
Exchange
The market maintained its projection for the price of dollar The year-end exchange rate is expected to be R$ 5.20. For next year, the expectation has risen from R$ 5.27 to R$ 5.28.
Selic rate
The estimate for the benchmark interest rate at the end of 2026 remained at 14.00% per year, after three consecutive weeks of increases. For the end of 2027, the projection remained at 12.00% per year.
This text was translated by machine from Brazilian Portuguese.