HALISTER1: Brazil 2017 CPI Est. Cut to 4.2% From 4.3% at Banco Safra

Brazil 2017 CPI Est. Cut to 4.2% From 4.3% at Banco Safra

(Bloomberg) -- (Machine translation provided by Google and reviewed by editors.)
  • Decision comes after the surprise with IPCA of February, Carlos Kawall, chief economist at Banco Safra, said in an e- mailed interview.
  • Safra forecast for February IPCA was 0.45%
  • NOTE: IPCA was a big surprise, it should be below 1% in Q1, Kawall said earlier
  • NOTE: Brazil February CPI Rises 0.33% M/m; Est. 0.43%

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
1183Z BZ (Banco Safra SA)

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Carlos Kawall Leal Ferreira (Banco Safra SA)

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