Brazil's financial market forecasts 3.45 pct economic growth in 2021


  • World
  • Tuesday, 19 Jan 2021

BRASILIA, Jan. 18 (Xinhua) -- Brazilian financial analysts upgraded their economic growth forecast for 2021, from 3.41 percent to 3.45 percent of expansion in gross domestic product (GDP), and maintained the projection at 2.5 percent for 2022, the Central Bank of Brazil announced Monday.

According to the bank's weekly survey of the country's top financial institutions, the analysts also increased estimated inflation for 2021 from 3.34 percent to 3.43 percent, but kept it at 3.5 percent for next year.

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