The Central Bank projects a 1.7% increase in the GDP of the agricultural sector in 2026.

The Central Bank (BC) raised its projection for agricultural Gross Domestic Product (GDP) growth in 2026 from 1% to 1.7%. In its Monetary Policy Report, released this Thursday (25), the institution anchors the projection on updated estimates from the Brazilian Institute of Geography and Statistics (IBGE) for agricultural production, highlighting the increased forecasts for soybean, corn, and coffee harvests. The estimate for total GDP growth was raised from 1.6% to 2%. In the first quarter, the country's economy grew 1.1% compared to the last quarter of 2025, with expansion in the three major sectors of the economy – agriculture, industry, and services. Given the result, according to the BC, estimates for the three sectors were raised, as well as for domestic demand, household consumption, and investments by businesses. 

This text was translated by machine from Brazilian Portuguese.