Brazil Financial Institutions Project Inflation of 7.06 Percent for Year

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The projection of financial institutions in Brazil for inflation, measured by the National Index of Consumer Price (IPCA) this year was adjusted from 7.04 percent to 7.06 percent according to government news sources. For next year, in 2017, the estimate remains at 5.50 percent since two weeks ago. The projections are part of research done every week by the Central Bank (BC) to financial institutions.

While the estimates are below what the BC Focus Report Subscribe to our Premium Membership Plan. Already Subscribed?