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Brazil Government Cuts 2026 Growth Forecast to 2.0%

Summary by WTVB
BRASILIA, Sept 22 (Reuters) - Brazil's government on Tuesday ​lowered its ‌economic growth forecast for this year to ‌2.0% ​from 2.3% ⁠in July, ⁠saying a stronger outlook for the agricultural sector ​was not enough to ⁠offset ⁠weaker expectations ​for ...

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The Ministry of Finance revised the growth projection of the Brazilian economy this year from 2.3% to 2.0%, reflecting mainly the slowdown of the service sector, influenced by the commitment of the families' income with the payment of debts. "The projection for the service sector fell from 2.4% to 1.8% and that of the industry, from 2.1% to 1.7%, movements partially compensated by the agricultural sector, revised from 1.8% to 2.8%. In the servic…

·Rio de Janeiro, Brazil
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Brasilia, Sep 22 (Latin Press) The Ministry of Finance of Brazil today reduced the forecast growth of Gross Domestic Product (GDP) from 2.3 to two percent by 2026 and also cut the estimate for 2027 against a restrictive scenario. The post-Government of Brazil cuts growth forecast for 2026 first appeared on News Prensa Latina.

The Ministry of Farms reduced from 2.3% to 2% the growth projection of the Gross Domestic Product (GDP) in 2026. [...]

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Globo broke the news in Rio de Janeiro, Brazil on Tuesday, September 22, 2026.
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