[Brazil] - Predicted GDP development of 2.24% and inflation of 4.95% in Brazil for 2023 according to monetary market

INSUBCONTINENT EXCLUSIVE:
The most recent Focus Report suggests a 2.24% increase in the Brazilian GDP (Gross Domestic Product) for the year 2023, up 0.05 percentage
point from last week's forecast.After a consistent eight-week rise, the GDP growth projection stabilized last week at 2.19%.Inflation rates
for 2023 are projected to stay at 4.95%, halting a consecutive eight-week decrease.The dollar exchange rate and base interest rate
predictions also remain steady, expected to average at R$5 and 12%, respectively.Notably, the Monetary Policy Committee is expected to lower
the current base interest rate of
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