Brazil Economists Slash Their Inflation Forecasts Through 2026
- Central bankers hold rates but have cited improving outlook
- Annual inflation eased for the eleventh straight month in May
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Brazil analysts lowered their inflation estimates from this year through 2026 after central bankers pointed to a “clearer” outlook on consumer prices.
Annual inflation will end this year at 5.42%, down for the fourth straight week and lower than the prior estimate of 5.69%, according to a weekly central bank survey of economists published on Monday. Analysts also cut their consumer-price forecasts to 4.04% in 2024, 3.9% in 2025 and 3.88% in 2026.