The Central Bank of Brazil reported that the financial market of the country has raised its inflation projection for the end of 2025, from 5.65% to 5.68%. The estimate remains at 4.40% for 2026. According to the Focus survey conducted by the entity, the inflation estimate for this year is increasingly distancing from the official target of 3%, with a tolerance margin of 1.5 percentage points up or down (up to 4.5%).
The expectation for the basic Selic interest rate is 15% for the end of the year and 12.50% for the next one, while it currently stands at 13.25% annually. Regarding Gross Domestic Product (GDP) growth, an increase of 2.01% is estimated for 2025 and 1.70% for 2026.
In relation to the foreign exchange market, where the Brazilian real trades at approximately 5.78 per dollar, it is projected to reach 5.99 units per US dollar by the end of 2025 and 6.00 for 2026. Regarding the trade balance, a positive balance of 76.8 billion dollars is expected by the end of the year and 79.4 billion dollars in 2026.
On the other hand, forecasts for foreign direct investment in Brazil remain at 70 billion dollars for 2025 and 73.25 billion dollars for 2026, according to the report from the Xinhua news agency.
