Brazil's Inflation and Economic Growth Projections for 2026 and 2027

According to a Reuters survey, Brazil's inflation is expected to be 4.5% in 2026 and 3.9% in 2027, compared to January's forecast of 4.0% and 3.8%, respectively. The Brazilian economy is projected to grow by 1.8% in both 2026 and 2027, consistent with the January forecast of 1.8% for 2026 and a slight adjustment from 1.9% for 2027. Out of 35 economists surveyed, 31 anticipate that the Brazilian central bank will lower the key interest rate from 14.75% to 14.50% on April 29.