Brazil’s government has revised its economic outlook, lowering the growth forecast for 2025 to 2.3% from 2.5%, attributed to slower economic performance post a 3.5% growth last year. Concurrently, the inflation forecast has been increased significantly from 3.6% to 4.8% for the year ahead.
Brazil’s government has adjusted its economic growth forecast for 2025, reducing it to 2.3% from the previously estimated 2.5%. This downward revision reflects a deceleration from last year’s economic expansion, which was recorded at 3.5%. The Economic Policy Secretariat of the Finance Ministry cited these changes in response to emerging economic challenges.
Additionally, the government has significantly increased its inflation projection for the upcoming year, now expecting a 4.8% rise in consumer prices, compared to the earlier forecast of 3.6%. This notable adjustment indicates increased pressures on the economy that may affect the cost of living and overall economic stability.
The Brazilian government has lowered its GDP growth forecast to 2.3% for 2025 while raising the inflation expectation to 4.8%. The adjustments are attributed to a slowing economy and heightened consumer price pressures. These changes highlight the ongoing economic challenges facing Brazil amid various uncertainties.
Original Source: money.usnews.com
