Focus survey
Coverage of Focus survey in the Nexus archive.
- Brazil’s Financial Morning Call for Monday, July 20, 2026
Brazil's B3 pre-market setup for Monday highlights shifting odds for the Copom August meeting following hawkish minutes. The Focus survey is scheduled at 11:25 BRT, and Petrobras remains active.
- Brazil’s Focus Survey: Inflation Forecasts Fall After Weeks of Rising
Brazil’s Focus survey reduced its 2026 inflation forecast to 5.16 percent from 5.30 percent, reversing weeks of rising projections. The year-end Selic rate forecast remained unchanged at 14 percent, while a soft June inflation reading of 0.16 percent influenced the shift.
- Brazil Market Bets on Higher-for-Longer Rates as Selic Call Hits 13.5%
The June 8 Focus survey raised the median 2026 Selic rate forecast to 13.5%, the first increase after a period of stability. The 2027 forecast also rose to 11.5%, while 2028 and 2029 forecasts remained at 10.00%. The 2026 IPCA inflation estimate increased from 5.09% to an unspecified higher value.