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Inflation under control says Brazil, but investors not entirety convinced

Saturday, January 12th 2013 - 11:57 UTC
Full article 1 comment

Brazilian consumer prices ended 2012 near the top of the central bank's target range for the third year running, prompting concern from economists that the country is stuck in a phase of low growth and high inflation. Read full article

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  • ChrisR

    Skewing the market results in these sorts of surprises.

    ““In the absence of an immediate cut in tariffs, inflation is likely to rise above 6% in the first quarter of this year,” added the London-based research house.”

    I won't say I told you so, I told Mantega about his crap predictions, so I was right, TWICE, so far.

    Jan 12th, 2013 - 03:24 pm - Link - Report abuse 0

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