Brazil: January's IPCA lowest since 1994

Tuesday, February 11th 2025 - 19:52 UTC

Full article 3 comments

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

Comments

Disclaimer & comment rules

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
Feb 11th, 2025 - 08:04 pm - Link - Report abuse 0
-+
imoyaro
I'd call that very good news since it was reached after the inflation 30 years ago...
Feb 12th, 2025 - 08:03 am - Link - Report abuse +1
-+
no time for you
hahahahahaha, that's not supermarketprice tags show nor any living costs (except for those who enjoy public payroll system, earning much higher wages than us common citizens): energy bills were further subsidized by the national energy company “Itaipu” throwing down its own billions as discounted electricity fares to control the escalating damage caused by the uncontrolled spendings of this country - unfortunately too many “spokes persons” living such fantasy
Feb 12th, 2025 - 11:58 am - 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!