Expectations for GDP in 2021 fall from 3.49% to 3.40%

Market expectations for GDP growth in 2021 fell from 3.49% to 3.40%, after rising last week. The projection for 2020 rose from -4.40% to -4.36%, after being maintained last week and after arriving at a very pessimistic estimate of -6.54% at the end of June amid the pandemic. The projection data are in the Focus Newsletter, which is released every Monday by the Central Bank.

Source: Valor Investe