Brazil inflation forecast rises for 12th week-poll

SAO PAULO | Mon Feb 28, 2011 6:26am EST

SAO PAULO Feb 28 (Reuters) - Economists raised their forecasts for the rise this year in Brazil's benchmark IPCA consumer price index for the 12th consecutive week, according to a weekly central bank survey.

Forecasts for the benchmark IPCA consumer price index [BRCPI=ECI], Brazil's most widely watched gauge of inflation, rose to 5.80 percent from 5.79 percent in the previous week, according to the survey published on Monday.

(Reporting by Guillermo Parra-Bernal, Editing by W Simon )

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.