Brazil's 2016 inflation view falls for 4th straight week - poll

lunes 4 de abril de 2016 07:42 GYT
 

BRASILIA, April 4 (Reuters) - Economists cut their forecasts
for Brazil's 2016 inflation rate for a fourth straight week
after a recent strengthening of the exchange rate against the
U.S. dollar, a weekly central bank survey of economists showed
on Monday.
    The median forecast of about 100 economists polled by the
central bank projected the inflation rate at 7.28 percent at the
end of 2016, down from 7.31 percent in the prior week's survey
but still above the official 4.5 percent target.
    The median forecast for the exchange rate at end-2016
strengthened for a seventh straight week to 4.00 reais per
dollar.
           
 (pct)                  2016                 2017
                        previous   new       previous  new
                        forecast   forecast  forecast  forecast
 Consumer inflation     7.31       7.28      6.00      6.00
 Exchange rate (reais   4.15       4.00      4.20      4.10
 per U.S dollar,                                       
 end-period)                                           
 Interest rate          14.25      13.75     12.50     12.50
 (end-period)                                          
 GDP growth             -3.66      -3.73     0.35      0.30
 Industrial output      -4.40      -5.80     0.85      0.69
    

 (Reporting by Silvio Cascione; Editing by Chizu Nomiyama)