Brazil Lowers 2026 GDP Growth Forecast

Brazil lowered its economic growth forecast for 2026 to 2.0 percent from 2.3 percent. The finance ministry cited weaker industrial and services output alongside cautious monetary policy.

FILE PHOTO: Cityscape from the Terraco Italia restaurant in Sao Paulo, Brazil, July 28, 2026. Image shot through a glass window. REUTERS/Alexandre Meneghini/File Photo

Brazil lowered its 2026 economic growth forecast to 2.0% from 2.3% on Tuesday afternoon. The Finance Ministry cited softer industrial and services output offsetting agricultural gains. The revision signals a more cautious domestic growth trajectory for investors tracking Latin America's largest economy.

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