Monday, June 25, 2012

Reuters: US Dollar Report: Economists cut Brazil 2012 GDP view for 7th week

Reuters: US Dollar Report
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Economists cut Brazil 2012 GDP view for 7th week
Jun 25th 2012, 11:33

SAO PAULO, June 25 | Mon Jun 25, 2012 7:33am EDT

SAO PAULO, June 25 (Reuters) - Economists lowered their forecasts for economic growth in Brazil this year for the seventh straight week, to 2.18 percent from 2.30 percent last week, a central bank survey of economists showed on Monday.

The outlook for Brazil's benchmark IPCA inflation rate in 2012 eased to 4.95 from 5.00 percent a week earlier, according to the survey.

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