Tag: Brazilean inflation

Thursday, October 9th 2014 - 08:14 UTC
A blow for Dilma: Brazil's September inflation at its highest in three years

Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff.
Thursday, July 24th 2014 - 23:34 UTC
Brazil's priority is curbing resistant inflation, say central bank minutes

Brazil's central bank indicated on Thursday it is unlikely to cut interest rates any time soon and instead is focused on curbing resistant high inflation even as the economy flirts with recession. In the minutes of its last policy meeting, the bank stressed that interest rates at current levels should help ease inflation in coming years.
Friday, April 25th 2014 - 05:41 UTC
Mantega confident that this year the 'the villain factor' in inflation is contained

Ever-optimistic Brazilian Finance Minister Guido Mantega said a recent rise in consumer prices was expected, ('there's always a villain factor pushing inflation')' anticipating that in May/June the index will be lower. Mantega also denied local news reports that the government was seeking a change in the index methodology as a way to eliminate the impact of volatile food prices.
Thursday, April 17th 2014 - 08:12 UTC
Brazil's chief banker forecasts inflation will come down in coming months

Food prices in Brazil have started to ease and should bring inflation down in coming months, central bank chief Alexandre Tombini said on Wednesday, reinforcing views that policymakers are ready to wrap up their year-long campaign of rate hikes. He reiterated that a significant part of the impact of past rate increases on inflation has yet to be felt.
Thursday, April 10th 2014 - 06:28 UTC
Brazil's March inflation marks the steepest increase for the month since 2003

Brazil’s rate of inflation in March picked up at the quickest pace in 11 years for that month, challenging the central bank’s plan to stop raising interest rates soon and complicating President Dilma Rousseff chances of re-election.
Thursday, January 16th 2014 - 09:17 UTC
Brazil raised the benchmark rate to 10.5%: combating inflation the target

Brazil's central bank raised its benchmark interest rate on Wednesday to 10.50% from 10%, a larger-than-expected hike aimed at curbing inflation in spite of a weak economy. The decision by the bank's monetary policy committee, Copom, was unanimous.
Saturday, January 11th 2014 - 06:49 UTC
Brazil's inflation off target in 2013 and prospects in election year not encouraging

Brazilian consumer prices ended 2013 higher than expected at 5.91%, above the upper limit of the government target, after inflation surged in December, official statistics released Friday showed. The Brazilian Institute of Geography and Statistics (IBGE) said last month's inflation figure of 0.92% was the highest for December since 2002, and compared with 0.54% a month earlier.
Sunday, December 29th 2013 - 08:35 UTC
December inflation doubles in Brazil but at an annualized 5.51% remain on target

Brazil's general price index, known as the IGP-M, more than doubled in December, posting a rise of 0.60% compared with a 0.29% increase in November, the Getulio Vargas Foundation said Friday.
Saturday, December 7th 2013 - 06:03 UTC
Brazil inflation slows down in November to an annualized 5.77%

Brazil's annual inflation cooled in November falling to 5.77%, reported the Institute of Geography and Statistics, IBGE, on Friday. The November reading was the lowest since registering 5.84% in December 2012.
Saturday, November 9th 2013 - 06:02 UTC
October inflation eases in Brazil but food prices keep steady

Consumer prices in Brazil edged up last month but remained stable at 5.8% over 12 months, the Brazilian Institute of Geography and Statistics (IBGE) reported Thursday. It put October inflation at 0.57%, up from 0.35% the previous month.