Brasília – Investors and analysts from the financial market estimate, for 2015, an inflation of 8.2% by the Extended National Consumer Price Index (IPCA, in the Portuguese acronym). The IPCA is measured monthly by the Brazilian Institute of Geography and Statistics (IBGE), to show price variation in retail to the end consumer.
The estimation appeared in the Focus bulletin, released weekly by the Central Bank. The forecast for the growth of the economy also remained pessimistic. The new estimation shows a 1.01% downturn. This result will come, according to the publication, due to the estimation of a 2.64% retraction on industrial output.
The estimation of the exchange rate for December 2015 stands at R$ 3.25. The estimation for the same period of the benchmark interest rate (Selic) remained in 13.25% per year.
*Translated by Sérgio Kakitani
