/i.s3.glbimg.com/v1/AUTH_59edd422c0c84a879bd37670ae4f538a/internal_photos/bs/2021/H/w/YbA657S3aYVfC0P9wboQ/g1-favicon.png){kind=small}
/i.s3.glbimg.com/v1/AUTH_63b422c2caee4269b8b34177e8876b93/internal_photos/bs/2018/e/e/PAMa3oQXOPBUOsGgFyFw/valor-tenant-icon.png){kind=icon}
Overview
- Market medians now point to 2.25% GDP growth in 2025, with 2026 nudged to 1.80%, 2027 to 1.84% and 2028 held at 2.0%.
- The consolidated public-sector primary deficit forecast stays at 0.50% of GDP for 2025 for the ninth week and at 0.60% for 2026 for the sixteenth week.
- Nominal deficit medians were trimmed to 8.40% of GDP for 2025 and 8.68% for 2026 in the latest Focus readout.
- Net public debt (DLSP) medians edged higher to 65.95% of GDP for 2025 and 70.27% for 2026.
- Separately, the Focus report shows lower inflation projections at 4.40% for 2025 and 4.16% for 2026.