| DataReferencia | Semana Passada | Atual | Delta |
|---|---|---|---|
| IPCA (Mediana) | 2025-08-15 | 2025-08-22 | |
| 12 meses suavizado | 4.36 | 4.34 | -0.02 |
| 2025 | 4.95 | 4.86 | -0.09 |
| 2026 | 4.4 | 4.33 | -0.07 |
| 2027 | 4 | 3.96 | -0.03 |
| 2028 | 3.8 | 3.8 | 0.00 |
| IPCA (Mediana 5 dias) | 2025-08-15 | 2025-08-22 | |
| 12 meses suavizado | 4.31 | 4.26 | -0.05 |
| 2025 | 4.9 | 4.84 | -0.06 |
| 2026 | 4.4 | 4.32 | -0.08 |
| 2027 | 3.92 | 3.94 | 0.02 |
| 2028 | 3.62 | 3.7 | 0.08 |
Boletim FOCUS
Expectativas de Mercado
Tabelas
| DataReferencia | Semana Passada | Atual | Delta |
|---|---|---|---|
| IPCA (Media) | 2025-08-15 | 2025-08-22 | |
| 12 meses suavizado | 4.38 | 4.34 | -0.04 |
| 2025 | 4.97 | 4.88 | -0.08 |
| 2026 | 4.4 | 4.33 | -0.07 |
| 2027 | 3.89 | 3.89 | 0.00 |
| 2028 | 3.74 | 3.76 | 0.02 |
| IPCA (Media 5 dias) | 2025-08-15 | 2025-08-22 | |
| 12 meses suavizado | 4.31 | 4.3 | -0.01 |
| 2025 | 4.92 | 4.85 | -0.07 |
| 2026 | 4.35 | 4.32 | -0.03 |
| 2027 | 3.84 | 3.9 | 0.06 |
| 2028 | 3.69 | 3.76 | 0.06 |
| DataReferencia | Semana Passada | Atual | Delta |
|---|---|---|---|
| IPCA - Mediana (5 dias) | 2025-08-15 | 2025-08-22 | |
| 08/2025 | -0.11 | -0.16 | -0.05 |
| 09/2025 | 0.55 | 0.6 | 0.05 |
| 10/2025 | 0.34 | 0.32 | -0.02 |
| 11/2025 | 0.27 | 0.26 | -0.01 |
| 12/2025 | 0.51 | 0.5 | -0.01 |
| 01/2026 | 0.43 | 0.44 | 0.01 |
| 02/2026 | 0.63 | 0.6 | -0.03 |
| 03/2026 | 0.39 | 0.36 | -0.03 |
| 04/2026 | 0.4 | 0.39 | -0.01 |
| 05/2026 | 0.28 | 0.29 | 0.01 |
| 06/2026 | 0.25 | 0.25 | 0.00 |
| 07/2026 | 0.22 | 0.23 | 0.01 |
| 08/2026 | 0.19 | 0.19 | 0.00 |
| 09/2026 | 0.28 | 0.28 | 0.00 |
| 10/2026 | 0.35 | 0.36 | 0.01 |
| 11/2026 | 0.34 | 0.32 | -0.02 |
| 12/2026 | 0.52 | 0.51 | -0.01 |
| 01/2027 | 0.4 | 0.4 | 0.01 |
| 02/2027 | 0.56 | 0.56 | 0.00 |
| 03/2027 | 0.33 | 0.35 | 0.02 |
| 04/2027 | 0.35 | 0.35 | 0.00 |
| 05/2027 | 0.29 | 0.27 | -0.02 |
| 06/2027 | 0.21 | 0.22 | 0.02 |
| 07/2027 | 0.22 | 0.21 | -0.01 |
| 08/2027 | 0.21 | 0.18 | -0.03 |
| DataReferencia | Semana Passada | Atual | Delta |
|---|---|---|---|
| PIB - Mediana | 2025-08-15 | 2025-08-22 | |
| 2025 | 2.21 | 2.18 | -0.03 |
| 2026 | 1.87 | 1.86 | -0.01 |
| 2027 | 1.86 | 1.86 | 0.00 |
| DataReferencia | 2025-08-15 | 2025-08-22 | |
| PIB - Média | 2.23 | 2.19 | |
| 2026 | 1.84 | 1.82 | -0.02 |
| 2027 | 1.9 | 1.89 | -0.01 |
| DataReferencia | Semana Passada | Atual | Delta |
|---|---|---|---|
| Selic (eop) - Mediana | 2025-08-15 | 2025-08-22 | |
| 2025 | 15 | 15 | 0.00 |
| 2026 | 12.5 | 12.5 | 0.00 |
| 2027 | 10.5 | 10.5 | 0.00 |
| 2028 | 10 | 10 | 0.00 |
| Selic (eop) - Mediana 5 dias | 2025-08-15 | 2025-08-22 | |
| 2025 | 14.89 | 14.88 | -0.01 |
| 2026 | 12.24 | 12.25 | 0.01 |
| 2027 | 10.38 | 10.41 | 0.03 |
| 2028 | 9.92 | 9.87 | -0.05 |
| DataReferencia | Semana Passada | Atual | Delta |
|---|---|---|---|
| Copom - Mediana | 2025-08-15 | 2025-08-22 | |
| R6/2025 | 15 | 15 | 0.00 |
| R7/2025 | 15 | 15 | 0.00 |
| R8/2025 | 15 | 15 | 0.00 |
| R1/2026 | 15 | 14.75 | -0.25 |
| R2/2026 | 14.5 | 14.5 | 0.00 |
| R3/2026 | 14 | 14 | 0.00 |
| R4/2026 | 13.5 | 13.5 | 0.00 |
| R5/2026 | 13 | 13 | 0.00 |
| R6/2026 | 13 | 12.75 | -0.25 |
| R7/2026 | 12.5 | 12.5 | 0.00 |
| R8/2026 | 12.5 | 12.5 | 0.00 |
| R1/2027 | 12 | 12 | 0.00 |
| R2/2027 | 12 | 12 | 0.00 |
| R3/2027 | 11.5 | 11.5 | 0.00 |
| R4/2027 | 11.25 | 11.25 | 0.00 |
| R5/2027 | 11 | 11 | 0.00 |
| DataReferencia | Semana Passada | Atual | Delta |
|---|---|---|---|
| Câmbio (eop) - Mediana | 2025-08-15 | 2025-08-22 | |
| 2025 | 5.6 | 5.59 | -0.01 |
| 2026 | 5.7 | 5.64 | -0.07 |
| 2027 | 5.7 | 5.62 | -0.08 |
| 2028 | 5.7 | 5.6 | -0.10 |
| DataReferencia | Semana Passada | Atual | Delta |
|---|---|---|---|
| Taxa Desocupação (eop) - Mediana | 2025-08-15 | 2025-08-22 | |
| 2025 | 6.1 | 6 | -0.1 |
| 2026 | 6.5 | 6.5 | 0.0 |
| 2027 | 7 | 7 | 0.0 |
| 2028 | 7.32 | 7.22 | -0.1 |
IPCA
IPCA (por ano)
Aberturas do IPCA
PIB
Fiscal
Selic
