TABLE-Brazil analysts raise 2014 inflation view, cut GDP forecast

Mon May 19, 2014 7:39am EDT

BRASILIA, May 19 (Reuters) - Economists raised their
estimates for Brazil's 2014 inflation and lowered their
forecasts for economic growth, a weekly central bank survey
showed on Monday.
    The median estimate of about 100 financial institutions for
this year's inflation rate rose to 6.43 percent from 6.39
percent in the prior week. The new forecast is closer to the top
end of the central bank's target range, at 6.5 percent.
    The outlook for Brazil's economic growth in 2014 was revised
down to 1.62 percent, from 1.69 percent previously.
 (pct)               2014                  2015
                     previous   new        previous   new
                     forecast   forecast   forecast   forecast
 Consumer inflation  6.39       6.43       6.00       6.00
 Exchange rate       2.45       2.45       2.50       2.51
 (reais per U.S                                       
 Interest rate       11.25      11.25      12.25      12.25
 GDP growth          1.69       1.62       1.90       2.00
 Industrial output   1.24       1.40       2.37       2.37
 (Reporting by Silvio Cascione Editing by W Simon)
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