TABLE-Economists raise Brazil 2014 inflation estimate to 6.35 pct

Mon Apr 7, 2014 7:47am EDT

BRASILIA, April 7 (Reuters) - Economists raised their
estimates for Brazil's 2014 inflation rate to 6.35 percent from
6.30 percent previously, according to a weekly central bank
survey on Monday.
    The median forecast for Brazil's 2014 economic growth in the
poll dropped to 1.63 percent from 1.69 percent in the prior
week's survey. Other estimates for growth and interest rates
remained largely unchanged in the poll of about 100 economists.
    Brazil's central bank targets inflation at 4.5 percent, with
a tolerance margin of 2 percentage points. 
    
    
    
 (pct)              2014                  2015
                    previous   new        previous   new
                    forecast   forecast   forecast   forecast
 Consumer           6.30       6.35       5.80       5.84
 inflation                                           
 Exchange rate      2.46       2.45       2.55       2.55
 (reais per U.S                                      
 dollar,                                             
 end-period)                                         
 Interest rate      11.25      11.25      12.00      12.00
 (end-period)                                        
 GDP growth         1.69       1.63       2.00       2.00
 Industrial output  1.38       1.50       3.00       3.00
 
 (Reporting by Silvio Cascione; Editing by Bernadette Baum)
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