IMF projects Brazil will grow 2.3% this year, inflation to converge to target in 2027
IMF projects Brazil will grow 2.3% this year, inflation to converge to target in 2027
Economy
Updated 06/03/2025, 11:29 AM
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BRASILIA (Reuters) -Brazil’s economy is expected to grow 2.3% this year, the International Monetary Fund (IMF) projected on Tuesday, revising up its April forecast of 2%.
Following the conclusion of its 2025 Article IV visit to the country, the IMF estimated that inflation will reach 5.2% this year, from 5.3% seen previously, gradually converging to the 3% target by the end of 2027.
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