Brazil inflation remains above goal despite softer-than-expected October reading
20 Articles
20 Articles
Brazil inflation remains above goal despite softer-than-expected October reading
SAO PAULO, Nov 12 (Reuters) - Consumer prices in Brazil rose less than expected in the 12 months through October but remained above the central bank's target range, as policymakers vow to keep using high interest rates to rein in persistent inflation...
Brazil's inflation lost its breath and closed in October at 0.14%, up 0.83% in September, indicating data released today by the IBGE (Instituto Brasileiro de Geografia e Estatística).
Inflation slowed down and stood at 0.14% in October, driven by the fall in residential energy and gasoline. Last month, the index had stood at 0.82%. Still, in 12 months, the indicator accumulated high 4.63% in the last few months, above the ceiling of the target. Data are from the National Broad Consumer Price Index (HICP) and were released by IBGE on Thursday. Effect: Analysts estimate an impact of 0.3 points on inflation in 2027 at the end of…
The National Consumer Price Index (INPC) closed the month of October by 0.22%. Thus, the cumulative of 12 months reaches 4.49%. In September, the inflation of one year was 4.29%. The data were released this Thursday (12) by the Brazilian Institute of Geography and Statistics (IBGE). Related news:Atta do Copom indicates that deceleration of the economy did not contain inflation.Marketed high projection for inflation, interest and dollar in 2026.D…
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