Over the past 12 months, official inflation reached 4.87%, exceeding the government's target of 3%, with a tolerance range of ±1.5%age points. Year-to-date, from January to November, the IPCA has ...
Brazil’s inflation rate rose to a one-year high in October Brazil’s annual inflation rate jumped to 4.76% in October 2024, the most in a year, up from 4.42% in September and estimates of 4.72%.
Gabriel Galipolo, who is set to lead the central bank starting in January, has pledged to do “whatever” it takes to tame inflation. Most analysts see borrowing costs at 14.75% by December of ...
(Bloomberg) -- Brazil’s annual inflation sped up roughly in line with forecasts in November, firming bets that the central bank will increase its pace of interest rate hikes at this week’s ...
Annual inflation reached 4.71% in mid-December ... reflecting the significant weakening of Brazil's currency amid fiscal woes. According to IBGE, food and beverage prices posted the biggest ...