Brazil economists see inflation at 4.90% in 2027
TLT•Economists in a Brazil central bank poll forecast inflation of 5.22% in 2026 and 4.90% in 2027. They see the year-end 2026 Selic rate at 13.75%, 2026 GDP growth at 1.75% and the real at 5.35 per dollar.
1. Poll forecasts
Economists surveyed in a Brazil central bank poll held their 2026 inflation forecast at 5.22% and raised their 2027 forecast to 4.90% from 4.76%. They forecast the Selic rate at 13.75% at the end of 2026, up from 13.50%, and 12.50% at the end of 2027. The poll forecast GDP growth of 1.75% in 2026 and 1.15% in 2027, and the real at 5.35 per dollar at the end of 2026 and 5.40 at the end of 2027.
