Brazil's February inflation down, but central bank calls for structural reforms and budget control

Friday, March 11th 2016 - 20:06 UTC

Full article 12 comments

Brazil’s consumer-price index slowed in February, providing relief for the country’s central bank amid its efforts to curb inflationary pressures. The consumer-price index, IPCA, rose 0.90% in February, compared with an increase of 1.27% in January, the Brazilian Institute of Geography and Statistics, or IBGE, said. Read full article

Comments

Disclaimer & comment rules

Briton
Question...

will Brazil still be able to host the Olympics,

at the rate she is going,
one thinks not.
Mar 11th, 2016 - 08:14 pm - Link - Report abuse 0
-+
Brasileiro
What games?

https://www.youtube.com/watch?v=HCjtH_DeQ3g&list=FLmXPTu1f8AdGlizWNiASx2A&index=103
Mar 11th, 2016 - 08:33 pm - Link - Report abuse 0
-+
Skip
The games in the Planalto.
Mar 11th, 2016 - 09:35 pm - Link - Report abuse 0
-+
Brasileiro
Beautiful games! Can I play too?

https://www.youtube.com/watch?v=ouzqHTW-DJE&list=FLmXPTu1f8AdGlizWNiASx2A&index=67
Mar 11th, 2016 - 10:24 pm - Link - Report abuse 0
-+
Skip
You are!

Your taxes allow you to play.

How you like the game so far?

So far your taxes have gone into the pockets of rich people. Please keep playing. The rich people need more money and you need to keep providing it via your taxes.
Mar 12th, 2016 - 03:14 am - Link - Report abuse 0
-+
L0B0MAU
The system of economy followed by Brazil is unsustainable and impractical. Therefore; the booms are rare but the dooms are frequent. Hence it is necessary for the govt. to keep on adding more & more taxes. REF: “The Central Bank calls for structural reforms and budget control”:
- Structural Reforms: Possible [perhaps]
- Budget Control: Impossible and it's a Joke!
Mar 12th, 2016 - 09:38 am - Link - Report abuse 0
-+
ChrisR
Clearly the financial 'management' of Brazil has run the gamut from 0 to zero!

Pick a number for any metric and you have as much chance of being right as the 'experts'.
Mar 12th, 2016 - 11:52 am - Link - Report abuse 0
-+
L0B0MAU
The Ever Present Corruption apart;
- Why else the booms are rare but the dooms are frequent?
- Why else the taxes keep increasing each year?
- Why else the Public-Sector keeps on making huge losses, year after year?
Mar 12th, 2016 - 12:49 pm - Link - Report abuse 0
-+
Briton
So after the Olympics,
will brazil survive.
Mar 13th, 2016 - 08:15 pm - Link - Report abuse 0
-+
L0B0MAU
Brazil is most likely continue to remain “in red” as long as the population does not stay united against corruption.

Brazil did enjoy some good days, thanks to the Brazilian Entrepreneurship which made the best of the Int'l. Economic Situation [and of course, the corrupt & the crappy politicians took the credit for the “Good Times”].

As far as the Olympics is concerned; the unsold tickets is a MINOR problem in comparison to the capital which “Went Down the Drain” on the Overpriced, Abandoned & Incomplete Structures - most of which will neither be completed nor will be used after the events. So; the Olympics is a TOTAL Loss for Brazil!
Mar 14th, 2016 - 04:45 pm - Link - Report abuse 0
-+
Jack Bauer
If inflation, or rather, the cost of living index, as per the 12-month IPCA, dropped slightly, to me, the main reason for this stems more from the fact that people are not willing to spend money in view of the uncertain future, than from any action taken by the incomPeTent, corruPT PT government.
Mar 14th, 2016 - 05:23 pm - Link - Report abuse 0
-+
L0B0MAU
Hi, Jack! I see the Brazilian Government, not as incompetent but as HIGHLY competent - efficient as well experienced - in permanently establishing corruption in Brazil.
Mar 17th, 2016 - 02:25 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!