empty
 
 

2018.02.1415:40:00UTC+00BRAZIL: Economists Cut 12-month Inflation Forecast To 4.03%

The median forecast for Brazil's consumer price inflation in the next 12 months fell to 4.03% from 4.04% last week after six consecutive increases, according to economists surveyed by the South American country's central bank.

For 2018, the economists trimmed the median inflation estimate for the second consecutive week, to 3.84%, from 3.94% in the previous survey. For 2019, the forecast has been at 4.25% for 44 weeks.

The annual inflation rate in Brazil decelerated to 2.86% in January after closing 2017 at 2.95%, remaining below the bottom of the central bank's target for 2017, which ranged from 3% to 6%.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback