Economists cut Brazil's 2016 inflation forecast

10 Oct, 2016

BRASILIA: Economists cut their forecasts for Brazil's 2016 inflation for a fourth straight week after a surprisingly small price rise in September, a central bank poll showed on Monday.

Consumer prices rose 0.08 percent in September from August, data showed on Friday, the lowest rate for the month since 1998.

Otherwise, estimates for economic growth and industrial output were little changed in the survey of about 100 financial institutions.

Copyright Reuters, 2016

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