Financial Market Expects 2019 to End With Inflation at 3.42 Percent

For 2020, the estimate fell from 3.79 percent to 3.78 percent, in the second consecutive reduction. The forecast for the following years was unchanged: 3.75 percent in 2021 and 3.5 percent in 2022.

RIO DE JANEIRO, BRAZIL - Financial institutions have, for the ninth consecutive week, reduced their estimate for inflation this year.

According to a Central Bank survey of the financial market, published every Monday on the Internet, the forecast for inflation, calculated by the National Broad Consumer Price Index, went from 3.43 percent to 3.42 percent in 2019.

For 2020, the estimate fell from 3.79 percent to 3.78 percent, in the second consecutive reduction . . .

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