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Published on Thursday, June 11, 2015

Latam Daily | In Brazil we revise our end of year inflation forecast to 8%

Summary

We have left our 5.5% forecast for 2016 (end of period) unchanged and the upwards surprise is in line with a greater risk of the monetary authority increasing the Selic rate again in July. In Chile the Central Bank’s economic expectation survey implied another downward correction in 2015 GDP forecasts; analysts expect a pause at 3% in the MPR for the medium term.

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Authors

Cecilia Posadas BBVA Research - Principal Economist
Enestor Dos Santos BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez BBVA Research - Chief Economist
Carlos Serrano BBVA Research - Chief Economist
Hugo Perea BBVA Research - Chief Economist
Alejandro Faci

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Report (PDF)

67413_80779.pdf

English - June 11, 2015

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