Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.910

-9.5%

Nov 20 3:59 PM EST

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To: Steve Fancy who wrote (11850)	1/15/1999 4:00:00 PM
From: Steve Fancy	Read Replies (6) of 22640

Brazil's Fipe sees 1999 inflation rising to 6 pct Reuters, Friday, January 15, 1999 at 15:43 SAO PAULO, Jan 15 (Reuters) - Brazilian inflation should accelerate to 6 percent in 1999 with the move to a free floating currency from deflation of 1.8 percent in 1998, the University of Sao Paulo's Economic Research Institute (Fipe) said Friday. "The increase in inflation will fall far short of the percentage devaluation of the currency," said Juarez Rizzieri, president of Fipe, which publishes Brazil's benchmark consumer price index with data collected in the Greater Sao Paulo area. Copyright 1999, Reuters News Service

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