Brazil's financial market lowers 2022 inflation forecast to 7.67 pct

SAO PAULO, July 11 (Xinhua) -- Brazil's financial market lowered the country's inflation forecast for 2022 from 7.96 percent to 7.67 percent, the Central Bank of Brazil said Monday.

According to the central bank's weekly survey of the country's leading financial institutions, a government tax cut on a segment of products led to a decrease in the National Consumer Price Index.

The central bank's inflation