Financial market estimates inflation at 4.35% this year

The Central Bank has updated the financial market projection for the Broad National Consumer Price Index (IPCA), from 4.21% to 4.35% this year. As the institution highlights, the register represents the 18th consecutive high of the indicator, which surpasses the center of the inflation target, defined by the National Monetary Council (CMN) for this year, in 4%. The projection for 2021, of 3.34%, remained unchanged, as well as estimates for 2022 and 2023, of 3.50% and 3.25%, respectively.

Source: Agencia Brasil