Economists cut Brazil's 2016 inflation forecast -poll

lunes 10 de octubre de 2016 07:44 GYT
 

BRASILIA, Oct 10 (Reuters) - Economists cut their forecasts
for Brazil's 2016 inflation for a fourth straight week after a
surprisingly small price rise in September, a central bank poll
showed on Monday.
    Consumer prices rose 0.08 percent in September from August,
data showed on Friday, the lowest rate for the month since 1998.
    Otherwise, estimates for economic growth and industrial
output were little changed in the survey of about 100 financial
institutions. 
            
 (pct)                2016                 2017      
                      previous   new       previous  new
                      forecast   forecast  forecast  forecast
 Consumer inflation   7.23       7.04      5.07      5.06
 Exchange rate        3.25       3.25      3.40      3.40
 (reais per U.S                                      
 dollar, end-period)                                 
 Interest rate        13.75      13.75     11.00     11.00
 (end-period)                                        
 GDP growth           -3.14      -3.15     1.30      1.30
 Industrial output    -5.96      -5.96     1.10      1.11
    

 (Reporting by Silvio Cascione Editing by W Simon)