Brazil Economists See 2026 Inflation At 5.16% - Cenbank Poll
EWZ•Cenbank poll points to slightly lower 2026 inflation
Brazil economists now see annual IPCA inflation reaching 5.16% in 2026, versus 5.30% in the previous estimate, according to the central bank poll.
They see annual IPCA inflation reaching 4.20% in 2027 versus 4.18% in the previous estimate.
Interest rates, growth and currency forecasts unchanged or little changed
Brazil economists see year-end 2026 interest rate Selic at 14.00%, versus 14.00% in the previous estimate, and year-end 2027 Selic at 12.00%, versus 12.00% previously.
They see 2026 GDP growing 1.99%, unchanged from the prior estimate, and 2027 GDP growing 1.65% versus 1.69% previously.
They also see the Brazilian real at 5.20 per dollar by year-end 2026, versus in the previous estimate, and at by year-end , versus previously.




