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Brazil analysts raise inflation, cut GDP forecasts for 2016

Tuesday, September 15, 2015 - 05:50

Sao Paulo

FOR the sixth straight week, Brazil analysts boosted their inflation forecast for 2016 and cut their growth estimate, after Brazil's credit rating was cut to junk status.

Brazil's economy will contract 2.55 per cent in 2015 and by 0.6 per cent in 2016, according to the

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