Focus’s GDP projection for 2023 remains at 2.89% and is maintained at 1.50% for 2024

by time news

2023-11-13 11:27:49

For 2024, the Focus Report also maintained the GDP growth estimate, which continued at 1.50% in the week, the same level as a month ago

The Focus Bulletin released this Monday, 13th, by the Central Bank maintained the projection for this year’s Gross Domestic Product (GDP). The median for the increase in activity in 2023 remained at 2.89%, against 2.92% a month ago. Considering only the 37 responses in the last five working days, the estimate for GDP at the end of 2023 went from 2.84% to 2.89%.

For 2024, the Focus Report also maintained the GDP growth estimate, which continued at 1.50% in the week, the same level as a month ago. Considering the 36 responses in the last five working days, the estimate for GDP in 2024 went from 1.50% to 1.53%.

In relation to 2025, the median went from 1.90% to 1.93%, compared to 1.90% four weeks earlier. The Bulletin also brought the growth estimate for 2026, which remained at 2.00%, the same level as a month ago.

The government expects GDP growth this year to reach 3.2%. At the Central Bank, the current estimate is 2.9%, according to the September Quarterly Inflation Report (RTI).

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