Bloomberg News

Brazil Inflation May Top Target Range This Year, Hamilton Says

September 29, 2011

Sept. 29 (Bloomberg) -- Brazil’s inflation could be above the top of policy makers’ target range this year, Carlos Hamilton, central bank economic policy chief, said.

The central bank’s projection is for 6.4 percent inflation this year, Hamilton said to reporters in Brasilia. The number could come in above or below that, he said.

Brazil targets inflation of 4.5 percent plus or minus two percentage points.

To contact the reporter on this story: Arnaldo Galvao in Brasilia Newsroom at agalvao1@bloomberg.net

To contact the editor responsible for this story: Harry Maurer at hmaurer@bloomberg.net


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