October 2, 2017 / 2:27 PM / 2 months ago

Brazil's minister says inflation to end 2017 below 3 percent

RIO DE JANEIRO (Reuters) - Brazil’s inflation rate will probably end the year below 3 percent, undershooting the lower bound of the official target range, Planning Minister Dyogo Oliveira said on Monday.

FILE PHOTO: A woman looks on clothes for sale at a street market in Rio de Janeiro, Brazil September 6, 2017. REUTERS/Pilar Olivares/File Photo

“We are witnessing a very healthy process of economic recovery in Brazil,” Oliveira said at an event.

Reporting by Rodrigo Viga Gaier; Writing by Silvio Cascione; Editing by Chizu Nomiyama

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