Brazil inflation should reach Central bank target by second half of 2018

Wednesday, June 29th 2016 - 05:04 UTC

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Brazil's inflation will again miss the government target next year, but will be getting much closer at 4.7%, the Central Bank said on Tuesday. For this year, inflation is forecast at 6.9%, well off the 4.5% target. However, even that represents relief for Latin America's largest economy, but sickly economy where annual inflation hit 9.32% in May. Read full article

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:o))
As if the 2nd half on 2'018 is just around the corner!
Jun 29th, 2016 - 12:44 pm - Link - Report abuse 0
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