Brazil: January's IPCA lowest since 1994

Tuesday, February 11th 2025 - 19:52 UTC

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Inflation last month in South America's largest country reached 0.16%, January's lowest since 1994, the Brazilian Institute of Geography and Statistics (IBGE) announced Tuesday. The agency also noted that the main cause for such an unprecedented feat after the introduction of the real was the so-called Itaipu Bonus, a special discount on electricity bills benefitting some 78 million consumers. The Real Plan was implemented in July of that year. Read full article

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Brasileiro
Lower inflation will facilitate lower interest rates from May/25. There is still a new increase contracted by the former president of the Central Bank who, like all Bolsonaro supporters, was sabotaging the economic policy of the current government.

Even better is the news that will be released in the coming days regarding the purchase of 42 KC-390 aircraft by India, a partner country in BRICS.

https://www.youtube.com/watch?v=QV-pDazagm0
Posted 7 hours ago - Link - Report abuse 0
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