Tag: Brazilean inflation

• Friday, March 27th 2015 - 08:23 UTC

  Brazil's central bank forecasts economy will contract 0.5% and inflation climb to 7.9%

  

  Brazil's economy will contract 0.5% in 2015 and inflation will climb to 7.9%, ending the year far outside the tolerance range, the Central Bank admitted on Thursday in its latest quarterly inflation report.

• Tuesday, March 24th 2015 - 05:08 UTC

  Brazilian economy on path to biggest contraction since 1990, says central bank survey

  

  Financial experts expect Brazil's economy to shrink 0.83% in 2015, its biggest contraction since 1990, and inflation to climb to 8.12%, its highest level since 2003, according to the results of a Central Bank survey released on Monday.

• Wednesday, March 18th 2015 - 08:28 UTC

  Rousseff pledges talks with critics and admits government needs to show humility

  

  Brazilian President Dilma Rousseff pledged to hold talks with her growing number of critics and said her embattled government needed to show humility, after the Sunday massive protests erupted across the country.

• Friday, March 13th 2015 - 11:28 UTC

  Brazil central bank admits interest policy has not been effective in fighting inflation

  

  Brazil's Central Bank appears likely to continue raising interest rates in the short-term, saying in its most recent meeting that its inflation-fighting effort in recent months has been insufficiently effective. The view was reflected in the minutes, published on Thursday, of its monetary policy committee's March 4 meeting, when the bank raised its benchmark Selic interest rate by 50 basis points to 12.75%.

• Saturday, March 7th 2015 - 07:37 UTC

  February inflation in Brazil at 7.7% is at its highest level since May 2005

  

  Inflation jumped in Brazil on February with price increases hitting an annual rate of 7.7%, the highest in nearly nine years, officials said on Friday. The national statistics institute IBGE said prices rose 1.22% in February, pushing inflation well above the government's target ceiling of 6.5%.

• Thursday, March 5th 2015 - 08:17 UTC

  Brazil raises benchmark interest to 12.75%, highest level since 2009

  

  Brazil’s central bank raised its benchmark interest rate to 12.75% Wednesday, the highest level since 2009, as it struggles to get price increases under control amid sluggish economic growth and deepening political turmoil.

• Monday, February 9th 2015 - 17:34 UTC

  Food, housing and transportation prices accelerate January inflation in Brazil

  

  Brazil's consumer price inflation accelerated in January, putting the 12-month rate well above the central bank's tolerance band and at the highest level since September 2011, underscoring one of the main challenges facing Latin America's largest economy in the year ahead.

• Thursday, January 22nd 2015 - 06:39 UTC

  Brazil central bank increases basic rate to 12,25%, highest since August 2011

  

  Brazil's central bank raised interest rates to a more than three-year high on Wednesday, maintaining an aggressive pace of monetary tightening to contain high inflation, help the economy back on its tracks and win investors disillusioned with the once-booming economy.

• Monday, January 19th 2015 - 07:10 UTC

  Brazil central bank expected to raise interest rates this week for third time running

  

  Brazil's central bank is expected to raise interest rates for a third straight meeting this week to quell any doubts about its commitment to ending years of high inflation.

• Saturday, November 8th 2014 - 10:12 UTC

  Brazilian central bank concerned about 'persistent inflation' reveal minute

  

  Brazil's Central Bank is concerned about inflation, now running at 6.75%, according to the minutes of last week meeting of the policy committee, released on Thursday.