Brazil 2017 inflation forecast drops sharply -central bank poll

lunes 1 de agosto de 2016 08:03 GYT

BRASILIA Aug 1 (Reuters) - Forecasts for inflation next year in Brazil fell to 5.20 percent from 5.29 percent, a weekly central bank survey of economists showed on Monday, in the latest drop in expectations as a prolonged recession curbs consumption.

The median forecast of about 100 economists in the official poll projected that Latin America's largest economy will lift off a severe recession in 2017 by growing 1.10 percent.

The inflation outlook for 2016 remained stable at 7.21 percent, well above the official 4.5 percent target. (Reporting by Alonso Soto; Editing by Bernadette Baum)