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Brazil Credit Costs Bite: Retail Sales Drop, GDP Growth Slows
Valor Econômico·BR·about 19 hours ago
Brazil's government (SPE) reduced its 2026 GDP growth projection to 2.0% and 2027 to 2.3%, while trimming the 2026 IPCA inflation forecast to 4.9% from 5.1%. The downward revision signals weaker growth expectations, possibly reflecting tighter monetary policy or external headwinds, but lower inflation may ease pressure on the central bank.