Ipea Revises Growth Projection and Inflation Result

Image credit - brasil247.com Ipea Revises Growth Projection and Inflation Result

[{"selector":"#anim-31902edf-7c85-4084-a076-7b59c77ae4a8","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0eca2f53-193f-4ba1-bede-0d39680bd552","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de613ecd-da58-4da6-974e-e32958b70da0","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-d06319c2-6b78-4d4c-ba5b-4add5aab93c1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Image credit - brasil247.com – The Instituto de Pesquisa Econômica Aplicada (Ipea) has revised its projections for the growth of the Brazilian Gross Domestic Product (GDP) and inflation.

[{"selector":"#anim-a0e30a62-d9d0-4e94-9dd8-0b8b9ba557de [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-50870cb3-84bf-499e-bee8-0af6a0cad7e1","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f94a6d98-6782-4833-abd2-f339f3548dad","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e8344301-ce70-4c33-9697-94f08affdda3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Image credit - brasil247.com – The GDP growth forecast for 2023 has been adjusted upward from 1.4% to 2.2%.

[{"selector":"#anim-91f9422d-06a2-4b81-91a3-1f6c3d430d06 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-a1fd817f-b19a-4e0c-b3ab-5eaf1a9555ee","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-be36e25d-852c-4409-adb6-6f546a689d53","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d88ab3ca-3738-458a-850b-50318d3450d3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Image credit - brasil247.com – The projection for the inflation rate, measured by the Índice Nacional de Preços ao Consumidor Amplo (IPCA), has been reduced from 5.6% to 5.1%.

[{"selector":"#anim-e33d4ca9-d35d-40b1-aa8d-28bacc3b3212 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-d88d6b7b-1164-4f1e-80b4-5c4e960d807d","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6848302b-c97f-4385-8279-b9c6bd39c010","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-95b504a3-647a-4417-b39d-44f7d0167006","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Image credit - brasil247.com – The revised projections align closely with market expectations.

[{"selector":"#anim-cb252491-906e-4884-9c3b-232f583985c4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-4547a8cd-7933-42dc-a395-ead451f121b9","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-015b3b7f-67dc-4586-a039-140490ff5650","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22d29a2d-fb5e-44f5-a705-ef925d11daee","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Image credit - brasil247.com – The positive performance of the agricultural sector and the resilience of labor market indicators have contributed to this upward revision in growth expectations.

[{"selector":"#anim-17c4fe7b-ae98-49f1-851e-c892656f8428 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-c1b2e286-2182-4078-99b4-a9ae6d92cf90","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e34d6d7a-62ab-40f8-b344-12e8c9bc053c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb3b922b-aef0-45ff-9b83-492bc4c2deba","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Image credit - brasil247.com The increase in external demand for Brazilian commodities, driven by the economic reopening in China

[{"selector":"#anim-17002a31-b114-47b7-81a7-93e5c25d80df [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-629160a4-cb48-49e3-ad9b-87ad86b4861a","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-87cba6ab-e4aa-41d9-a354-a70cd14d813f","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2fe2dd4c-d9f5-4e6f-a037-23e0724398e7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Image credit - brasil247.com and the stability of Western economies amidst monetary tightening measures, has also played a significant role

[{"selector":"#anim-18df8980-07df-42e5-a796-2e8845fa7280 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-5cc01919-3b92-4e57-b99e-08c515073737","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-18e9cb53-f4f8-4a67-92d2-f655117aa201","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3803a012-cf29-4dda-8fee-00f994675a6d","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Image credit - brasil247.com The Instituto de Pesquisa Econômica Aplicada (Ipea) has revised upward its growth projection for the Brazilian GDP in 2023,

[{"selector":"#anim-d84cfda0-f21a-47f2-b12e-bc74597565f3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.35714263173049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-444c88e9-d808-4edb-83f4-1ddb08a62fb6","keyframes":{"transform":["translate3d(-115.28663%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c22eec33-2808-40e1-8134-01476273e018","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-932e6e24-d098-407f-b71c-2c43012eb33b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Image credit - brasil247.com from 1.4% to 2.2%. Additionally, the inflation forecast has been reduced from 5.6% to 5.1%.