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 . . .