Synthesis of the Brazilian Economy

BRAZIL ECONOMICS - Report 13 Jul 2026 by Alexandre Schwartsman, Cristina Pinotti and Diego Brandao

The past few weeks, emptied out by the holidays during the World Cup matches, school vacations, and the judicial and parliamentary recesses, have favored the persistence of a frozen electoral scenario, with Lula and Flavio Bolsonaro competing for the lead in opinion polls depending on the tone of the news. However, significant - and possibly welcome - movements are expected to start in August, when the countdown to the October 3 election effectively begins, with candidate registration, the start of electoral advertising, and other formal electoral procedures. The warm-up ends and the game begins.

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