Economic Outlook: Minimum Wage and Growth Projections for 2027

The government projects a GDP growth of 2.46% in 2027, according to the budget proposal for next year. This projection is slightly lower than what was announced in the PLDO, which had estimated a growth rate of 2.56%. However, the projected inflation by IPCA for this period has increased to 3.60%, indicating an acceleration compared to initial projections. The Selic is also expected to average 12.53% in 2027, a deceleration from the current rate of 14%. Regarding the minimum wage, it is set to increase to R$ 1,741 next year, considering both correction by INPC and real gain. These projections reflect the complexities of the global and local economy, where inflation stability is crucial for economic balance. Source: Valor Econômico