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Brazil’s 2022 inflation outlook above official goal for first time – FOCUS survey

RIO DE JANEIRO, BRAZIL - Brazil's 2022 inflation outlook rose above the Brazilian Central Bank's official year-end goal for the first time, while the growth outlook for this year fell for a seventh consecutive week, a survey of economists showed on Monday.

The median forecast for 2022 inflation from over 100 economists in the Central Bank's weekly "FOCUS" survey rose to 3.6% from 3.5%. The bank's year-end goal is 3.5%, with a 1.5 percentage-point margin of error on either side.

Central Bank chief Roberto Campos Neto last week defended the . . .

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