RIO DE JANEIRO, BRAZIL - (Xinhua) Brazil s financial market raised its inflation forecast for 2020 from 4.21 to 4.35 percent, the 18th consecutive weekly increase, the Central Bank of Brazil said Monday, December 15th.
Financial analysts maintained their 2021 inflation forecast at 3.34 percent, according to the bank s weekly survey of leading financial institutions in Brazil.
The Broad Consumer Price Index is expected to exceed the government s 2020 target of 4 percent, with a margin of 1.5 percentage points up or down for a range of 2.5 to 5.5 percent.
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Brazilian analysts raise 2020 inflation forecast to 4 35 pct - Xinhua
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Brazilian analysts raise 2020 inflation forecast to 4 35 pct
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Brazilian analysts raise 2020 inflation forecast to 4 35 pct - World News
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