Economists raise Brazil's 2016 inflation view to 6.22 pct

lunes 26 de octubre de 2015 07:08 GYT
 

BRASILIA, Oct 26 (Reuters) - Market forecasts for Brazil's
2016 inflation rate rose for a 12th consecutive week and
approached the ceiling of the government's target, a central
bank survey showed on Monday.
    The weekly poll of about 100 economists also showed lower
forecasts for economic growth in 2015 and 2016, projecting the
longest period of economic contraction since the 1930s. 
    Estimates for the central bank's benchmark interest rate at
end-2016 also increased.
    The government targets inflation at 4.5 percent, with a
tolerance margin of 2 percentage points.
    
        
 (pct)                               2015                2016
                       previous       new  previous       new
                       forecast  forecast  forecast  forecast
 Consumer inflation        9.75      9.85      6.12      6.22
 Exchange rate             4.00      4.00      4.13      4.20
 (reais per U.S                                      
 dollar, end-period)                                 
 Interest rate            14.25     14.25     12.75     13.00
 (end-period)                                        
 GDP growth               -3.00     -3.02     -1.22     -1.43
 Industrial output        -7.00     -7.00     -1.00     -1.50
 
 (Reporting by Silvio Cascione; Editing by Kevin Liffey)