Brazil's 2016 inflation forecast cut to 7.43 percent -central bank survey

lunes 21 de marzo de 2016 07:39 GYT
 

BRASILIA, March 21 (Reuters) - Inflation expectations for
end-2016 in Brazil fell for the second straight week but
remained above the top end of the government's target range, a
weekly central bank poll showed.
    The median forecast of about 100 economists surveyed by the
bank for the 2016 inflation rate fell to 7.43 percent from 7.46
percent in the prior week's survey. The government's target is
4.5 percent, with a tolerance range of plus or minus 2 points.
    
 (pct)                2016                 2017
                      previous   new       previous  new
                      forecast   forecast  forecast  forecast
 Consumer inflation   7.46       7.43      6.00      6.00
 Exchange rate        4.25       4.20      4.34      4.30
 (reais per U.S                                      
 dollar, end-period)                                 
 Interest rate        14.25      14.25     12.50     12.50
 (end-period)                                        
 GDP growth           -3.54      -3.60     0.50      0.44
 Industrial output    -4.45      -4.50     0.50      0.57
 
    
 (Reporting by Silvio Cascione; Editing by Lisa Von Ahn)