* Forecasts for rates, GDP in 2012, 2013 unchanged
* Brazil to rebound next year, with inflation at 5.4 pct
SAO PAULO Oct 22 Economists raised their
forecasts for inflation in Brazil this year to 5.44 percent from
5.43 percent a week before, a weekly central bank survey showed
The small increase was the only change in the outlook for
Brazil's main economic indicators. Forecasts for interest rates
and economic growth in 2012 and 2013 remained unchanged, as well
as the median estimate for inflation next year.
The world's sixth-largest economy is expected to grow just
1.54 percent this year, its slowest pace since 2009. The
economists surveyed expect growth to rebound in 2013 to 4
Inflation will end 2013 at 5.42 percent, the poll added,
above the center of the government's target of 4.5 percent but
within its tolerance margin of 2 percentage points.
Interest rates will end this year at their current level of
7.25 percent, economists said. In 2013, the central bank will
likely raise rates to 8 percent to keep inflation at bay.
The survey results represent the median forecast of
analysts polled at about 100 financial institutions.
Consumer prices are expected to rise 0.55 percent in October
over September, up from a forecast of 0.51 percent in the prior
week, the central bank survey added.