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After eight consecutive weeks of decline relative to GDP, Focus Bulletin maintains a score of 1.55%
For the seventh consecutive week, the financial market has raised the projection of the general index of consumer prices (IPCA). According to the Monday's Focus Bulletin (2), the indicator should be 4.03% for this year, and no more than 4% as estimated last week.
The indicator is expected to grow by 1.06% in the month of June
The new recording published by Bulletin Focus
leave the mark closer to the center of the target set by the National Monetary Council (CMN), 4.50%. The results are always in the lower and upper limits of the index, which are respectively 3% and 6%.
It should be mentioned that the investigation of the Central Bank (BC) has undergone some changes. With change, it is possible to know, for example, how many financial institutions responded to the survey for each indicator. For this year's IPCA, 114 institutions submitted an estimate.
In addition, the Central Bank also publishes projections for the next four years. For financial institutions, the waiting for inflation
in 2019, will be the same projected last week of 4.10%. While for 2020 and 2021, the indicator is estimated at 4%.
See also: GDP increases by 0.4% in the first quarter of 2018 and adds $ 1.641 R $ tri, IBGE points out
GDP and Selic in the Focus Bulletin
Regarding the gross domestic product (GDP), the financial market predicts a growth of 1.55%, the same percentage estimated last week after eight weeks of reduction. According to British Columbia, 75 institutions collaborated for research.
On the other hand, for 2019, forecasts for economic growth
To achieve the objectives, the Central Bank uses the basic interest rate as the main instrument, Selic
which currently stands at 6.50% per year. By 2019, the financial market expects the indicator to end the period at 8% per annum.
See also: The Central Bank confirms expectations and maintains the basic interest rate at 6.5% per annum
As the Selic rises, British Columbia's goal is to contain the upward demand that generates price reflections, as higher interest rates increase credit and stimulate credit. consumer savings.
when the institution chooses to reduce the basic interest index, the idea is to make credit cheaper, with incentives for production and consumption, reducing thus the control of inflation. Follow the next Focus Bulletin
and stay in the main economic indicators in Economic Brazil
* According to the information of Agência Brasil
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