By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – The latest forecasts by economic analysts and investors show further deterioration in the Brazilian economy this year. According to the latest Focus Bulletin, released by the country’s Central Bank with the forecasts by market analysts from a hundred consultancies, estimates show an increase in annual inflation and a further contraction in the country’s GDP.
According to the Focus Bulletin, market analysts now predict the annual consumer inflation rate (IPCA)
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