Brazil seen growing less with more inflation in 2015 -poll

lunes 22 de diciembre de 2014 07:03 GYT
 

SAO PAULO, Dec 22 (Reuters) - The Brazilian economy is
expected to grow less next year even as inflation is seen
exceeding the official target, a weekly central bank survey
showed on Monday.
    Brazil's economy was forecast to grow 0.55 percent in 2015,
down from the 0.69 percent estimated in the previous week,
according to the median forecasts in a survey of about 100
financial institutions. 
    Inflation for 2015 was forecast at 6.54 percent, above a
targeted government ceiling is 6.5 percent.
    Economists see the central bank's benchmark Selic rate
ending next year at 12.50 percent, up from 12 percent.
 

 (pct)                2014                 2015
                      previous   new       previous  new
                      forecast   forecast  forecast  forecast
 Consumer inflation   6.38       6.38      6.50      6.54
 Exchange rate        2.60       2.65      2.72      2.75
 (reais per U.S
 dollar, end-period)
 Interest rate        --         --       12.50     12.50
 (end-period)
 GDP growth            0.16       0.13    0.69       0.55
 Industrial output    -2.50      -2.50    1.13       1.02

 (Reporting by Walter Brandimarte; Editing by Robin Pomeroy)