Brazil's inflation rate seen at target ceiling at end-2016 - poll
BRASILIA, Nov 9 (Reuters) - Economists revised up their forecasts for Brazil's end-2016 inflation rate for a 14th straight week, projecting it now at the top end of the government's target, a weekly central bank survey showed on Monday. The median of about 100 estimates by banks and research firms forecast Brazil's inflation at 9.99 percent at end-2015 and 6.47 percent at end-2016. The official target is 4.5 percent, with a tolerance range of 2 percentage points. Estimates for economic growth this and next year were revised down in the poll. (pct) 2015 2016 previous new previous new forecast forecast forecast forecast Consumer inflation 9.91 9.99 6.29 6.47 Exchange rate 4.00 4.00 4.20 4.20 (reais per U.S dollar, end-period) Interest rate 14.25 14.25 13.00 13.25 (end-period) GDP growth -3.05 -3.10 -1.51 -1.90 Industrial output -7.00 -7.40 -2.00 -2.00 (Reporting by Silvio Cascione)
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