Tag: brazil inflation

• Thursday, April 30th 2015 - 07:52 UTC

  Brazil raises basic rate 50 points to 13.25%, highest since December 2008

  

  As was anticipated and in line with the current anti-inflation policy, Brazil's central bank on Wednesday evening announced the increase of the basic Selic interest rate another 50 points to 13.25% from 12.75%. The decision from the nine-member Monetary Committee was unanimous, according to the official release.

• Thursday, March 13th 2014 - 23:16 UTC

  Inflation in Brazil edges up in February to an annualized 5.68%

  

  Inflation edged up in Brazil in February to hit an annualized rate of 5.68%, following a 0.69% monthly rise in February, national statistical office IBGE said Wednesday.

• Wednesday, February 27th 2013 - 06:50 UTC

  Brazil expects inflation to drop in second half of 2013 on a bumper crop of grains

  

  Brazil’s inflation will slow in the second half of the year as the country produces a bumper crop of grains and the Real doesn’t weaken as it did last year, central bank President Alexandre Tombini said.

• Thursday, November 8th 2012 - 07:08 UTC

  Brazil says inflation in October peaked and should begin to ease

  

  Brazilian Finance Minister Guido Mantega said on Wednesday that inflation has peaked and indicators are pointing to a retreat to a lower level. Consumer prices rose in October at their fastest pace since April due to higher food prices, government data showed, though a measure of wholesale costs suggested relief should arrive in coming months

• Saturday, July 7th 2012 - 05:27 UTC

  Brazil June inflation lowest in two years helped with temporary tax breaks

  

  Brazil’s inflation slowed to its lowest in almost two years on temporary tax breaks for autos, paving the way for more interest rate cuts as the government tries to revive economic growth.