NEWS IN ENGLISH – Mantega says inflation targets will be met

27/07/2011 11:10

Daniel Lima, Pedro Peduzzi and Yara Aquino           Reporters Agência Brasil


Brasilia – In remarks at the 38th meeting of the Economic and Social Development Council, minister of Finance, Guido Mantega, declared that the government is implementing measures to ensure that inflation targets will be met. Mantega recalled that since 2005 the government has met inflation targets, always coming in below the ceiling [last year official inflation was slightly above the target ceiling]. He said that in 2011 inflation will be below the official target of 4.5%, plus or minus two percentage points.


Allen Bennett – translator/editor The News in English

Link – Mantega diz que situação econômica global preocupa e não deverá se alterar nos próximos anos