24-April-2024
Economy News
 
Brazil's govt will maintain GDP outlook for 2022 and 2023 -sources
19-May-2022

Brazil’s Economy Ministry will hold its economic growth outlook at 1.5% in 2022 and 2.5% in 2023, two officials told Reuters on Wednesday, forecasting activity ahead of market projections due to labor market strength and growing private investments. The ministry will update its forecasts for economic indicators on Thursday and inflation figures are expected to be lifted from the previous outlook, in March, when the IPCA consumer price index was seen at 6.55% this year.

News Source:- https://www.reuters.com/article/brazil-economy-forecasts/brazils-govt-will-maintain-gdp-outlook-for-2022-and-2023-sources-idUSL2N2XA2VN