Does the Focus Bulletin get more things right than it gets wrong?

I work with both macroeconomic and microeconomic forecasts, and to make macroeconomic forecasts , it is essential that we follow the Focus Bulletin .

Last week, I wrote about what the Focus Bulletin is for. If you missed this article, click here to read it . But still, the question remains:

Does the Focus Bulletin get more things right than it gets wrong?

To begin our investigation, we must download the Focus Bulletin for December 2022 to check what its economic forecasts were for that year.

As we can see, the projected inflation for 2023 in December 2022, exactly one year ago, was 5.17%, while this year's inflation is about to close at 4.50%.

Brazil's GDP was expected to grow 0.79%, while this year's GDP , which is also awaiting confirmation, is expected to close at 2.92%. Read more in my webpage

How to take advantage of macroeconomic analysis to deliver returns to your investment fund?

Contact Wagner Geremia.