Brazil's 2016 inflation view up for 6th week - c.bank poll

lunes 27 de junio de 2016 07:47 GYT
 

BRASILIA, June 27 (Reuters) - Economists raised their
forecasts for Brazil's 2016 inflation rate for a sixth straight
week while reducing their estimates of interest rate cuts this
year, a central bank poll showed.
    The median forecast of about 100 economists projected
inflation at 7.29 percent this year, up from 7.25 percent in the
prior week's survey. The official target is 4.5 percent, with a
tolerance margin of plus or minus two percentage points.
        
 (pct)                2016                 2017      
                      previous   new       previous  new
                      forecast   forecast  forecast  forecast
 Consumer inflation   7.25       7.29      5.50      5.50
 Exchange rate        3.60       3.60      3.80      3.80
 (reais per U.S                                      
 dollar, end-period)                                 
 Interest rate        13.00      13.25     11.25     11.00
 (end-period)                                        
 GDP growth           -3.44      -3.44     1.00      1.00
 Industrial output    -5.85      -5.89     0.67      0.80
 
 (Reporting by Silvio Cascione)