Reuters: US Dollar Report: Economists up Brazil inflation estimate for 16th week-Focus

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Economists up Brazil inflation estimate for 16th week-Focus Oct 29th 2012, 10:32 Mon Oct 29, 2012 6:32am EDT Oct 29 (Reuters) - Economists raised their estimates for inflation this year for the 16th straight week, according to a weekly central bank survey on Monday. The forecast for the annual increase in the benchmark IPCA consumer price index went to 5.45 percent from 5.44 percent a week earlier, the so-called Focus survey showed. Forecasts for interest rates and economic growth in 2012 remained unchanged, while the median estimate for inflation next year fell slightly.

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