SAO PAULO, June 27 (Reuters) - Brazil's central bank raised its inflation forecasts for 2013 and 2014, adding to evidence that policymakers may have to accelerate the pace of rate hikes in coming months to bring down persistently high inflation.
In its quarterly inflation report released on Thursday, the bank raised its 2013 inflation forecast to 6.0 percent from 5.7 percent previously. It increased its inflation view for 2014 to 5.4 percent from 5.3 percent previously.
The bank revised down its estimate for economic growth to 2.7 percent this year from 3.1 percent previously, saying the pace of the recovery remains 'gradual.'
(Reporting by Silvio Cascione; Writing by Alonso Soto; Editing by Chizu Nomiyama) Keywords: BRAZIL CENBANK/INFLATION
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