SAO PAULO, March 30 (Reuters) - Brazilian economists
polled weekly by the central bank increased their inflation
forecast for this year amid recent developments in the
U.S.-Israel war on Iran, the so-called Focus poll showed on
Monday.
* Consumer prices, as measured by the IPCA index, are
now seen rising 4.31% this year, compared with a prior 4.17%
estimate.
* It was the third consecutive week that economists
raised their 2026 inflation forecast.
* The IPCA projection for 2027 rose to 3.84%, up from a
3.80% estimate the prior week.
* Since the conflict in the Middle East began, a surge
in oil prices has increased global inflation concerns, clouding
economic outlooks for the year.
* The new scenario also led the economists to forecast
that Brazil's central bank will cut its benchmark Selic rate by
25 basis points to 14.50% at their next meeting in April.
* They had previously forecast a larger cut of 50 basis
points in the upcoming decision, after the monetary authority
kicked off an easing cycle earlier this month.