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The Arab Chamber’s Michel Alaby, Apex-Brasil’s Karen Jones and the Paraná Development Agency’s Adalberto Neto are attending the Future Investments Initiative conference, which began this Tuesday in Riyadh.

That’s the forecast made by financial institutions in Brazil for the Extended National Consumer Price Index (IPCA) in 2018. Last week, their estimate stood at 4.43%. It’s the sixth straight time that banks revise up their forecast.