Hindsight · review build · data not yet validated

Focus market expectations survey, 2026-03

Banco Central do Brasil · all publications · published 2026-03-31 · 8 predictions

complete← 2025-12 2026-06 →

Median of market expectations (Focus, Sistema Expectativas de Mercado), statistics over forecasts submitted in the 30 days up to the survey date (baseCalculo 0). Sample: last survey date of 2026-03 in the Olinda daily series.

olinda.bcb.gov.br/olinda/servico/Expectativas/versao/v1/odat

2026

not graded
IPCA
Brazil, IPCA inflation, December to December in 2026: 4.322 %
bcb-focus-2026-03-001
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PIB Total
Brazil, real GDP growth in 2026: 1.8513 %
bcb-focus-2026-03-003
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Selic
Brazil, Selic target rate at year end in 2026: 12.5 % p.a.
bcb-focus-2026-03-005
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Câmbio
Brazil, exchange rate at year end in 2026: 5.4 BRL per USD
bcb-focus-2026-03-007

2027

not graded
IPCA
Brazil, IPCA inflation, December to December in 2027: 3.8464 %
bcb-focus-2026-03-002
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PIB Total
Brazil, real GDP growth in 2027: 1.8 %
bcb-focus-2026-03-004
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Selic
Brazil, Selic target rate at year end in 2027: 10.5 % p.a.
bcb-focus-2026-03-006
not graded
Câmbio
Brazil, exchange rate at year end in 2027: 5.45 BRL per USD
bcb-focus-2026-03-008