Tag: Brazilean inflation

• Thursday, July 4th 2019 - 08:02 UTC

  Brazil's currency Real turned 25 this month, a true feat for a country whipped for decades with inflation

  

  Brazil’s Real turned 25 years on Monday, July first. It’s already the longest circulating currency in the contemporary history of Brazil, having achieved this feat without fanfare in 2018 when it surpassed the cruzeiro.

• Thursday, August 9th 2018 - 13:54 UTC

  Brazilian inflation in July slowing down

  

  Inflation in Brazil slowed for the first time in two months in July as the impact of a May nationwide truckers' strike dimmed, reinforcing the view that a recent price spike would not last long.

• Monday, December 11th 2017 - 15:10 UTC

  Brazilian 2017 inflation below target for the first time in two decades

  

  Brazil's monthly inflation eased more-than-expected in November after accelerating in the previous month, mainly due to the continued fall in food prices, preliminary data from IBGE showed on Friday. The consumer price index rose 0.28% month-on-month following 0.42% in October.

• Thursday, August 10th 2017 - 20:05 UTC

  Brazil´s annualized inflation in July was 2.71%, the lowest since 1999

  

  Brazilian prices rose in July at an annual rate of 2.71%, the lowest for 18 years, the government statistics office said Wednesday. This was good news for consumers in Latin America's biggest economy, which is inching out of its deepest recession in history, and was considered likely to lead to sharper interest rate cuts.

• Thursday, April 13th 2017 - 07:30 UTC

  Brazil central bank slashes money cost; estimates Selic rate at 8.5% by end of the year

  

  Brazil's Central Bank cut the key interest rate by a full one percentage point on Wednesday in an effort to inject life into the floundering economy. This was the fifth straight cut, taking the key Selic rate to 11.25%.

• Monday, April 10th 2017 - 05:58 UTC

  Brazil's annual inflation drops to the lowest rate since 2010

  

  Brazil's annual inflation eased to the lowest rate since 2010 and came very close to the government's long-missed target, leaving the door open for the central bank to accelerate the pace of interest rate cuts next week.

• Thursday, February 9th 2017 - 11:36 UTC

  Brazilian inflation drops for the fifth straight month

  

  Consumer prices rose less than expected in Brazil in January for the fifth straight month, increasing the chances of steeper interest rate cuts and a stronger economic recovery as the inflation rate falls toward the government's long-missed target.

• Thursday, January 12th 2017 - 11:05 UTC

  Brazil inflation at its lowest in years ends 2016 within the official target range

  

  Brazil's inflation finished 2016 within the official target range, government data showed on Wednesday. Consumer prices rose 6.29% last year slowing from an increase of 10.67% in 2015 and below the 6.5% ceiling of the official goal.

• Wednesday, November 16th 2016 - 09:16 UTC

  Brazil's annual inflation below 8%; October's 0.26% increase was the lowest since 2000

  

  Brazil's annual inflation rate in October fell below 8% for the first time since February 2015, keeping the door open for small interest rate cuts as a deep recession lingers. Prices rose 7.87% in the 12 months through October, down from an annual increase of 8.48% in the previous month, statistics bureau IBGE said.

• Thursday, November 3rd 2016 - 09:53 UTC

  Temer austerity program inspired in Thatcher´s program to contain expenditure

  

  Brazilian president Michel Temer said that the economic adjustment implemented by Brazil is inspired in the program of former prime minister Margaret Thatcher, who led the UK from 1979 to 1990. “As Thatcher use to say and we are following in Brazil, containing government expenditure is necessary because we are only going to spend collected revenue”.