Tag: IGP-M

  • Copom reduces the basic interest rate of the economy to 13.25% per year

    This is the first time the Central Bank (BC) has lowered the Selic rate in three years. The sharp decline in inflation led the Central Bank (BC) to cut interest rates for the first time in three years. By a 5-4 vote, the Monetary Policy Committee (Copom) reduced the Selic rate, the basic interest rate…

  • What to Expect for Brazilian Interest Rate in 2016

    Monetary Policy Committee (COPOM) has decided to keep the Brazilian interest rate benchmark in Brazil (SELIC) at 14.25% a year, unanimously. The central bank repeated the note issued with the previous decision, in which it says “we see advances in the inflation fighting but the still elevated cost of living and expectations are out of the target”.…

  • Brazil’s Inflation Unexpectedly Slows as Recession Bites

    Brazilian inflation unexpectedly slowed last month, beating forecasts from all analysts surveyed by Bloomberg, as food prices rose less than in the previous month amid a deepening recession.The benchmark IPCA inflation index moderated to 0.96 percent in December from 1.01 percent in November, the national statistics agency said Friday. That compares to the median 1.05…

  • Central Bank in Brazil Forcasts 2016 Inflation Above Target Ceiling

    While there was a consensus among financial analysts that consumer inflation in Brazil would top ten percent this year, the latest report by the Central Bank (CB) shows that analysts’ forecasts for 2016 inflation are also above the target limit of 6.5 percent. According to financial institutions surveyed by the CB for its Focus Report,…

  • Brazil Inflation

    Below you will find the main Brazilian inflation indexes in the recent months, as well as the accumulated in the last two years and in the last 12 months. Wondering what each of indexes mean? Find out what they mean here. Or find more about the perspective for the Brazilian Inflation and interest rate moving forward…

  • IPCA, IGP-M, IPC, INCC. How to make sense of Brazilian Inflation indexes?

    In this article, we explain the difference between the many Brazilian inflation indexes, IPCA, IPGM, IPC and INCC and do some parallel to US equivalent indexes, when relevant. Recent inflation information for brazil can be found here. Or find more about the perspective for the Brazilian Inflation and interest rate moving forward IPCA (Índice Nacional de…