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Brazil’s Inflation Forecast for 2015 Increased Once More

By Lisa Flueckiger, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL - The forecast for the inflation in Brazil for 2015 has been increased again after data for June and July were registered by the IBGE (Brazilian Statistics Bureau). While the Central Bank's forecast had reached 9.15 percent for the year on Monday, July 20th, the IBGE's IPCA-15 Consumer Price Index could reach 9.25 percent.

In July, inflation over the month fell to 0.59 percent according to the Statistics Bureau. This result was significantly lower than the data for June, where 0.99 percent were registered . . .

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