http://www.gwm-tv.com - Expectations for Brazilian consumer prices in 2011 remained level last week among leading economists, after the inflationary impact of credit expansion and record low unemployment was reined in by the realâs appreciation and slower global growth.
Consumer prices are expected to rise 4.98 per cent next year, falling slightly from the previous week's forecast of 4.99 per cent, according to a survey of around 100 economists.
Pedro Tuesta, a leading Washington DC-based economist for Latin America, said that while demand was growing very quickly, the key to keeping inflation under control was the strong Real.