Group 1 - Brazilian economists predict the inflation rate for 2025 to be 5.20%, a slight decrease from the previous estimate of 5.24% [1] - The GDP growth forecast for 2025 is maintained at 2.21%, while the 2026 GDP growth rate is slightly increased to 1.87% from the previous estimate of 1.85% [1] - The expected SELIC rate at the end of 2025 is projected to be 15%, unchanged from prior expectations, and the 2026 SELIC rate is forecasted to be 12.50%, also consistent with previous predictions [1]

巴西经济学家：预计2025年年底的SELIC利率为15%，此前预期为15%；预计2026年底的SELIC利率为 12.50%；此前为12.50%。 ...

Group 1 - Brazilian economists forecast the SELIC rate at 14.75% by the end of 2025, unchanged from previous predictions [1] - The SELIC rate is expected to decrease to 12.50% by the end of 2026, consistent with earlier estimates [1]

Group 1 - Brazilian economists forecast the SELIC rate at 14.75% by the end of 2025, a decrease from the previous estimate of 15.00% [1] - The SELIC rate is expected to remain at 12.50% by the end of 2026, unchanged from prior estimates [1]