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Brazil central bank to raise 2021 GDP growth forecast towards 4pc

  • Campos Neto also said he anticipates a huge acceleration in Brazil's COVID-19 vaccination program in June.
Published May 24, 2021 Updated May 24, 2021 11:04pm
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By Reuters
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BRASILIA: Brazil's central bank will revise up its 3.5pc economic growth forecast for this year towards 4pc, bank president Roberto Campos Neto said on Monday, following a surprisingly strong performance in the first quarter.

In an online event hosted by private equity firm EB Capital, Campos Neto also said he anticipates a huge acceleration in Brazil's COVID-19 vaccination program in June, and noted that inflation expectations are rising due to a mix of fiscal, political and technical factors.

Brazil central bank COVID19 GDP growth

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