Brazil & Southern Cone - August 2010 (ISSN 1741-4431)

In June the index of economy activity grew 6.8% year-on-year, according to the central bank. This was faster than most independent analysts had forecast and, together with a comparatively high inflation figure for July (0.6%), suggests that the central bank is likely to raise interest rates again at its next meeting on 12 August.

End of preview - This article contains approximately 458 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial