The Market in 2023

The report also says that the world is expected to have grown by 2.7% this year and 2.6% in 2022. Productivity gains in advanced countries are expected to continue to decline in the coming years, with the report stating that this could have consequences for the fiscal policy.

According to the report, emerging and middle-income countries are expected to continue to grow ahead of rich countries in 2023. Over the past few years, global growth has been increasingly uneven, with rich countries benefiting more than poor ones. The Covid-19 pandemic has made this situation even worse.

Selic

With regard to the IPCA, the estimate for 2020 remained at 3.24%. after rising 0.03 percentage point. For 2021, the projection remained at 3.50%.

The SELIC rate should remain unchanged throughout 2021, while the rate should accelerate from 2022 to 2023. In order to contain higher-than-expected inflation.

GDP

With the update, the market again projected a 2% growth in GDP for 2022. In April. The expectation was 1.94%. For 2023, the rate of 0.43% and for 2024, 1.73%. the market is betting that credit conditions will remain lax, in addition to the prospect of an improvement in the job market.

Dolar

The survey showed that, in September, the IBC-Br remained high, due to a recovery in retail and industry, which should make GDP grow again in September.

Here’s how to stay organized in 2023

The economy is slowly recovering, but the main problems of the national economy are still far from being solved, which makes managing personal finances essential. To have good financial control at the end of the year.

Pay attention to knowing your spending limit is the first task of anyone who wants to manage well, after all it is important to know how much you can spend without first knowing how big your net income is.

Monthly, remember as consumption increases at the end of the year, it is possible to find discounts on various products, such as appliances, electronics, and even personal hygiene products. So if you can buy products with these discounts, preferably them.

Some tips to improve your financial education

  • Work, save and invest;
  • You can start with 1 dolar, but think about the million;
  • Important to spend less than you earn;
  • Don’t waste time with the past;
  • And most importantly, to die healthy, you need to cultivate a quality life.