Brazil's 2016 inflation view drops for 5th straight week - poll

lunes 11 de abril de 2016 07:51 GYT
 

BRASILIA, April 11 (Reuters) - Economists cut their
forecasts for Brazil's 2016 inflation rate for a fifth 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 7.14 percent at the
end of 2016, down from 7.28 percent in the prior week's survey
but still above the official 4.5 percent target.
        
 (pct)                2016                 2017
                      previous   new       previous  new
                      forecast   forecast  forecast  forecast
 Consumer inflation        7.28      7.14      6.00      5.95
 Exchange rate             4.00      4.00      4.10      4.10
 (reais per U.S                                      
 dollar, end-period)                                 
 Interest rate            13.75     13.75     12.50     12.25
 (end-period)                                        
 GDP growth               -3.73     -3.77      0.30      0.30
 Industrial output        -5.80     -5.60      0.69      0.69
 
    

 (Reporting by Silvio Cascione; Editing by Chizu Nomiyama)