Economists see Brazil inflation speeding as growth slows further

lunes 28 de septiembre de 2015 07:38 GYT
 

SAO PAULO, Sept 28 (Reuters) - Economists raised their
forecasts for Brazil's inflation rate while reducing their
estimates for economic growth in both 2015 and 2016, a weekly
central bank poll of about 100 financial institutions showed on
Monday.
    The median forecast for Brazil's benchmark interest rate at
end-2016 rose for the second straight week, suggesting a smaller
cycle of rate cuts next year than previously estimated.
    
    
 (pct)                2015                 2016
                       previous       new  previous       new
                       forecast  forecast  forecast  forecast
 Consumer inflation        9.34      9.46      5.70      5.87
 Exchange rate             3.86      3.95      4.00      4.00
 (reais per U.S                                      
 dollar, end-period)                                 
 Interest rate            14.25     14.25     12.25     12.50
 (end-period)                                        
 GDP growth               -2.70     -2.80     -0.80     -1.00
 Industrial output        -6.45     -6.65      0.20     -0.60
 
 (Reporting by Asher Levine)