Tuesday, February 5, 2013

Reuters: US Dollar Report: Brazil inflation to slow in 2013, Mantega says

Reuters: US Dollar Report
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Brazil inflation to slow in 2013, Mantega says
Feb 5th 2013, 12:28

SAO PAULO | Tue Feb 5, 2013 7:28am EST

SAO PAULO Feb 5 (Reuters) - Brazil's inflation rate will be lower this year than in 2012, Finance Minister Guido Mantega said on Tuesday, adding that the government will continue to generate large budget surpluses.

Brazil failed to reach its primary budget surplus goal last year and has debated whether to lower the primary surplus target to free up funds for investment in a bid to bolster the economy.

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