Stênio Ribeiro
Reporter - Agência Brasil

Brasília - The forecast presented by analysts and financial consultants for the Broad Consumer Price Index (IPCA) wandered a tad more away from this year's official inflation target of 5.1%. According to this week's Focus Bulletin, released today (28) by the Central Bank (BC), projections for this year's inflation rate rose from 5.53% last week to 5.59%.

This increment reflects higher estimates for this month's IPCA, expected to be up 0.45%, rather than 0.40%, in last week's projection. On the other hand, the Focus Bulletin stayed with its estimate of 0.37% for the IPCA in December and lowered its forecast for inflation over the next 12 months from 4.65% to 4.64%.

Translation: David Silberstein