Brazilian Central Bank report foresees 5.08% inflation for this year

The Focus Bulletin released earlier this week by Brazil’s Central Bank (BCB) projected a 5.08% inflation for this year in South America’s largest country. The new prediction represented a slight twitch from last week’s 5% National Consumer Price Index (IPCA). Meanwhile, Brazil’s Gross Domestic Product (GDP) – the sum of goods and services produced in the country – is expected to grow by 2.04% in 2025, a slight improvement from 2.02% the week before.