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TABLE-Economists lift Brazil's year-end rate view to 9.75 pct
September 9, 2013 / 11:37 AM / in 4 years

TABLE-Economists lift Brazil's year-end rate view to 9.75 pct

1 Min Read

SAO PAULO, Sept 9 (Reuters) - Economists raised their
forecasts for Brazil's year-end interest rates to 9.75 percent
from 9.50 percent previously, a weekly central bank survey
showed on Monday.
    Brazil's benchmark Selic overnight lending rate 
is currently at 9.00 percent.
    Forecasts for economic growth and inflation remained
practically unchanged in the survey, which provides the median
forecasts of economists at about 100 financial institutions.
    
 
 
 (pct)                2013                 2014
                      previous   new       previous  new
                      forecast   forecast  forecast  forecast
 Consumer inflation   5.83       5.82      5.84      5.85
 Exchange rate        2.36       2.36      2.40      2.40

 Interest rate        9.50       9.75      9.75      9.75

 GDP growth           2.32       2.35      2.30      2.28
 Industrial output    2.11       2.10      3.00      3.00

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