Economists point to more inflation in 2016 and 2017

Economists ears weekly for BC (Central Bank) increased their projections for inflation this year and next and began to see less cut the basic interest rate in 2017, amid persistent high food prices in particular. Research Focus of BC also showed that analysts have returned to see that the Monetary Authority will reduce the Selic today to 14.25 percent, this year.
The survey, released on Monday (8/29), showed that the estimate for the IPCA this year climbed to 7.34%, 7.31% in previous research on, bursting even more the goal of the Government, to 4.5%, with margin of two percentage points to plus or minus.
For 2017, the expectations on the IPCA rose for the first time after ten weeks, to 5.14%, front of 5.12% of the Focus before.