BrazzilMag

Since 1989 Trying to Understand Brazil

----------

bruidsmeisjes jurken

----------

vestidos de noche

----------

ballkleider

----------

Cheap Prom Dresses

----------

Churrasco Equipment and Brazilian Meat Skewers

----------

Cheap Wedding Dresses to Brazil and All over the World Only At Topwedding.com

----------

Australia Fashion Online Outlet store

----------

Robe de cocktail

----------

Our good partner Everbuying.com provides wide selections of products at best price for worldwide free shipping.

----------

Cheap Dre Beats

----------

Buy Cheap Nike Mercurial Soccer Cleats from MercurialCity now!

----------

Shopping Reviews

----------

Custom Search

Who's Online

We have 324 guests online

Statistics

Members : 4351
Content : 13046
Content View Hits : 79615295

Search BrazzilMag

Investors Fear Brazil Is Stuck in Low Growth and High Inflation PDF Print E-mail
2013 - January 2013
Written by Newsroom   
Tuesday, 15 January 2013 14:25

50 reais Consumer prices in Brazil ended 2012 near the top of the Brazilian central bank's target range for the third year running, prompting concern from economists that the country is stuck in a phase of low growth and high inflation.

Brazilian inflation in December was 5.84% against a year earlier - well above the middle of the central bank's target zone of 4.5% plus or minus two percentage points - despite economic growth last year that was estimated to have been only about 1%.

The central bank, which said the December consumer prices figure was on track with its forecasts, is keen to maintain the credibility of its inflation-targeting regime in a country where prices remain a sensitive issue.

Brazil's present economic stability is based largely on its achievement in vanquishing runaway inflation, which in earlier decades was measured in hundreds rather than single-digit percentage points.

Alexandre Tombini, the governor of the Central Bank of Brazil, said the 2012 figure was less than in 2011, when inflation touched the top of the bank's range of 6.5%. Inflation was therefore "converging" towards the center of the target as the bank had promised.

Tombini said inflation was boosted in the second half of 2012 by several “shocks”, such as a rise in the price of agricultural commodities.

"In the short term, inflation is showing some resistance, but there are indications it will return to a downward trend in 2013."

Economists said they did not expect inflation this year to breach the upper end of the central bank's target range because economic growth was predicted to remain relatively tepid.

Many economists are forecasting the economy will expand by 3.5% this year, but see the possibility that the figure could be lower.

Much would depend on whether the government would be able to implement a cut in electricity tariffs, which will lower prices for consumers by as much as 16%, said Capital Economics.

"In the absence of an immediate cut in tariffs, inflation is likely to rise above 6% in the first quarter of this year," added the London-based research house.

Mercopress

 

Comments (12)Add Comment
...
written by bestresearchpaper.com, January 17, 2013
bestresearchpaper.com
http://bestresearchpaper.com/custom_term_paper
Nice article, thank you.
...
written by Hte, January 21, 2013
It's actually a nice and useful piece of info. I am happy that you simply shared this useful information with us. Please keep us up to date like this. Thank you for sharing.
http://iresearchpaper.com/
W. Gross of PIMCO recommended Brazil's bonds:
written by jan z. volens, February 14, 2013
A few days ago in PBS Newshour, W. Gross, the CEO of PIMCO, recommded to get out of U.S. treasuries and bonds, and instead buy Brazil's bonds and gold. (PIMCO in San Francisco, is the world's biggest bond mutual fund company).
http://www.auessaywritingservice.com
written by essay writing service, September 25, 2013
Great informative site. I'm really impressed after reading this blog post. I really appreciate the time and effort you spend to share this with us! I do hope to read more updates from you./////
good
written by essay writing service, September 25, 2013
look.....essay writing service
Great post! Interesting information and cute writing style. essay writing service
but essay writing service I dont know why I always visit here =))
http://www.promptessay.com/
written by custom essays, October 07, 2013
These kind of articles are always attractive and I am happy to find so many good point here in the post, writing is simply great, thanks for sharing.
lookk
written by custom essays, October 07, 2013
The best lighting for smart people. Visit our site and ensure the adequacy of price .
...
written by Gelena, October 11, 2013
There are a lot of blogs and articles out there on this topic, but you have acquired another side of the subject. This is reliable content thank you for sharing it.
рубанок
http://motoram.com.ua/ruchnoi-...ifmashiny/
written by Motoram, October 23, 2013
Internet shopping is very convenient thing which is easy to use. I have always been pleased with the development of online stores.
...
written by Benny, November 25, 2013
Thanks for information http://online-essay-writer.org/ about investors.
...
written by richard1, November 26, 2013
great) liked everything http://www.masterpapers.com/ very much) keep it up and dont stop)
http://iessays-writer.org
written by essays writer, November 27, 2013
Investments in Braliziyu invested very large. There are many forests can tear paper plants, etc.

Write comment

security code
Write the displayed characters


busy
 
Joomla 1.5 Templates by Joomlashack
Unable to locate the file:ad_network_ads.txt