Analysts: Double-digit inflation could undermine Brazil's booming economy

SAO PAULO (AP) - Inflation in Latin America's largest economy could break the single-digit barrier by the end of the year, setting in motion a chain reaction that could undermine Brazil's booming economy, analysts said Tuesday.

Rising commodity and oil prices are pressuring inflation indices, which in addition to jeopardizing the economy could affect the popularity of President Luiz Inacio Lula da Silva, said David Fleischer, a political scientist at the University of Brasilia.