Brazil 2013 inflation should decline from last year, official says

FORTALEZA, Brazil Wed Nov 6, 2013 2:09pm EST

FORTALEZA, Brazil Nov 6 (Reuters) - Brazil should close 2013 with an inflation rate below the 5.84 percent seen in 2012, central bank director Carlos Hamilton Araujo said at an event in the northeastern city of Fortaleza on Wednesday.

Araujo added that fiscal policy in the country is tending towards neutrality, which could mean fewer inflationary pressures going forward.

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