Brazil Analysts Raise 2015 CPI Estimate, Cut GDP for Fifth Week

Brazil economists predicted faster 2015 inflation and cut their forecast for economic growth for the fifth straight week, as the central bank continues to raise rates in the world’s second-biggest emerging market.

Analysts see inflation of 7.01 percent and gross domestic product growth of 0.03 percent this year, compared with the previous week’s estimates of 6.99 percent and 0.13 percent respectively, according to the Jan. 30 central bank survey of about 100 analysts published today.