Brazil sees 3.3% GDP growth this year and 2.5% next year

BRASILIA (Reuters) – Brazil’s Finance Ministry slightly upgraded its economic growth forecast for this year to 3.3%, up from the 3.2% projected in September, while maintaining the 2.5% growth estimate for next year.

Regarding inflation, the ministry’s economic policy secretariat raised its projections to 4.4% for this year, up from 4.25% previously, and 3.6% for next year, from an earlier estimate of 3.4%.