November 6, 2013 / 5:56 PM / 4 years ago

Brazil inflation is high, shows resistance-cenbank director

FORTALEZA, Brazil, Nov 6 (Reuters) - Consumer inflation remains persistently high in Brazil, but projections indicate a slowdown ahead, central bank director Carlos Hamilton Araujo said on Wednesday.

Speaking during the release of a regional economic report in Fortaleza, Araujo said that high inflation means slower economic growth in Brazil.

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