TheNews

The median forecast for Brazil's consumer price inflation in the next 12 months rose for the fourth consecutive week, to 4.00% from 3.98% a week before, according to economists surveyed by the South American country's central bank.



The annual inflation rate in Brazil increased to 2.95% in December, ending the year below the bottom of the central bank's target for 2017, which ranged from 3% to 6%.

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