CNI cuts growth forecast

Wed, Oct 28Public accounts

What happenedCNI reduced Brazil's 2026 economic growth forecast to 1.6% from 2%
WhyThe revision reflects a weaker expected performance in the industry and services sectors
Market impactA lower growth forecast can lead to decreased investor confidence and a weaker real
What to watchInvestors will be watching the impact of the revised forecast on the Brazilian economy and markets

Ibovespa that day −2.68%Source: Agência Brasil + 1 more outlet

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