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Market reduces growth projection for the economy on the eve of second quarter GDP releasePhoto by Bruna Corrêa on Pexels
Business
Экономика
Coimbra

Market reduces growth projection for the economy on the eve of second quarter GDP release

oglobo31 August 2026 at 12:46

The market reduced the growth outlook for the Brazilian economy this year from 1.95% to 1.92%. This is the second consecutive decline in the projection.

The growth expectation four weeks ago was 1.99%, indicating a downward revision trajectory in analysts' estimates.

The reduction occurred on the eve of the Gross Domestic Product (GDP) announcement for the second quarter, generating expectation about the numbers to be released.

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