Economic Outlook in Brazil Continues with Gloomy Estimates

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Estimates by financial analysts regarding annual inflation in Brazil for 2015 have once again increased, to 8.23 percent this week, according to the latest Focus Survey, released by the Central Bank. Last week, the index had decreased for the first time in fourteen weeks, raising hopes by government officials that the recent fiscal tightening measures were starting to show results.

Since the beginning of the year, President Dilma Rousseff’s economic team has been implementing a series of Subscribe to our Premium Membership Plan. Already Subscribed?