Market reduces perspective for high IPCA in 2022, but scenario for 2023 and 2024 worsens

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For the seventh week in a row, the market reduced the expectation for the rise of the IPCA this year, but the inflationary scenario expected for 2023 and 2024 showed deterioration.

The Focus survey released by the Central Bank on Monday (15) showed that the experts consulted now see an increase of 7.02% in the IPCA this year, against 7.11% in the previous week.

For 2023, the account rose by 0.02 percentage point, to 5.38%, in the 19th week followed by an increase. For 2024, the outlook has increased strongly, with a projection now of a 3.41% increase in the IPCA, after four consecutive weeks of a 3.30% view.

The center of the official inflation target is respectively 3.5%, 3.25% and 3.00% for each year, always with a tolerance margin of plus or minus 1.5 percentage points.

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