Brazil upgrades 2024 economic growth forecast to 1.75 pct

BRASILIA, Feb. 27 (Xinhua) -- Brazil's financial market upgraded its forecast for the country's economic growth in 2024 from 1.68 percent to 1.75 percent, and maintained its 2025 projection at 2 percent, the Central Bank of Brazil said Tuesday.

According to the bank's weekly Focus survey of the country's main financial institutions, market analysts lowered forecast inflation for this year, from 3.82 percent to 3.80 percent, and from 3.52 percent to 3.51 percent for the next year.