Reuters: US Dollar Report: Brazil inflation is high, shows resistance-cenbank director

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Brazil inflation is high, shows resistance-cenbank director Nov 6th 2013, 17:51 FORTALEZA, Brazil | Wed Nov 6, 2013 12:51pm EST FORTALEZA, Brazil Nov 6 (Reuters) - Consumer inflation remains persistently high in Brazil, but projections indicate a slowdown ahead, central bank director Carlos Hamilton Araujo said on Wednesday. Speaking during the release of a regional economic report in Fortaleza, Araujo said that high inflation means slower economic growth in Brazil.

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