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Brazilian economic indicators signal Q2 growth deceleration
Valor Econômico·BR·about 2 hours ago
The industry confederation has adjusted its 2026 outlook, raising inflation expectations to 5% and projecting the Selic rate at 13.75%, while maintaining a 2% GDP growth forecast. The upward revision in inflation and interest rate targets suggests a more hawkish outlook for the Brazilian economy despite stable growth projections.
Brazil's 2026 economic outlook indicates stable GDP growth driven by the extractive sector, but with upward revisions to inflation and interest rate forecasts. Conversely, Argentina has achieved zero monthly inflation and is committed to fiscal reforms, though the sustainability of disinflation and the impact of further austerity measures remain uncertain.