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Brazil lowers 2019 inflation forecast to 3.6% -Economy Ministry

Credit: REUTERS/PILAR OLIVARES

Brazil's government has cut its 2019 annual inflation forecast to 3.6% and kept its economic growth forecast largely unchanged, according to new Economy Ministry estimates.

BRASILIA, Sept 10 (Reuters) - Brazil's government has cut its 2019 annual inflation forecast to 3.6% and kept its economic growth forecast largely unchanged, according to new Economy Ministry estimates.

The new inflation forecast is down from 3.8% previously, while the gross domestic product growth outlook for this year is now +0.8% compared with +0.81% previously. These new parameters will be used as the basis for the government's upcoming bi-monthly spending review.

(Reporting by Marcela Ayres Writing by Jamie McGeever; Editing by Susan Fenton)

((jamie.mcgeever@thomsonreuters.com; +55 (0)11 97189 3169; Reuters Messaging: jamie.mcgeever.reuters.com@reuters.net))

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