Tag: IPCA index

• Sunday, April 16th 2023 - 13:01 UTC

  Lower-income groups less affected by Brazil's inflation

  

  Inflation in Brazil decelerated for all income brackets in the month of March, according to a report from the Institute for Applied Economic Research (Ipea) released Friday, Agencia Brasil reported.

• Tuesday, August 9th 2022 - 07:32 UTC

  Slight improvement in Brazil's inflation forecast

  

  Brazil's Central Bank (BCB) released a new study whereby this year's National Wide Consumer Price Index (IPCA) projections for this year fell from 7.15% to 7.11%, in what became the sixth consecutive forecast reduction.

• Tuesday, September 10th 2019 - 09:50 UTC

  August inflation in Brazil below target, with room for further rate cuts

  

  Consumer price inflation in Brazil was well contained in August, as forecast, reinforcing expectations of deeper interest rate cuts by the central bank as it tries to fire up economic growth.

• Tuesday, July 10th 2018 - 07:08 UTC

  Brazilian truckers strike had a strong impact on June inflation

  

  Product shortages due to a truckers' strike lifted Brazil's inflation rate near the midpoint of the official target range in June, underlining the deep impact of the nationwide protests. Consumer prices tracked by the benchmark IPCA index rose 4.39% in the 12 months through June, government statistics agency IBGE said.

• Friday, May 11th 2018 - 08:50 UTC

  Brazil inflation in April below official target; another interest rate cut expected

  

  Brazil's inflation rate unexpectedly slowed in April and kept far below the official target, suggesting a recent period of currency weakness is unlikely to keep the central bank from cutting interest rates next week.

• 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.

• Wednesday, June 6th 2012 - 18:48 UTC

  Brazilian inflation falls below 5% in May for the first time since September 2010

  

  Brazil’s inflation rate fell more than economists expected in May, pushing the annual pace below 5% for the first time since September 2010. Monthly inflation slowed to 0.36% from 0.64% in April.

• Saturday, January 14th 2012 - 06:25 UTC

  Argentine ‘official’ annual inflation, 9.5%; wholesale prices up 12.7%

  

  Argentina’s official inflation in 2011 reached 9.5%, following on December’s Consumer Prices Index (IPC) of 0.8%. Both percentages from the National Stats bureau, Indec are disputed by the Congressional index and private sector estimates which stand at a floor of 22.8% and 1.9%.

• Tuesday, November 29th 2011 - 17:28 UTC

  Price Index new weightings should help Brazil with inflation target and rate cuts

  

  Brazil’s statistics agency released Monday new weightings for items in its benchmark IPCA price index, adapted to changing family consumption patterns, which should help policymakers fine-tune complying with targets and keep cutting interest rates.

• Saturday, October 8th 2011 - 08:39 UTC

  Brazil’s inflation above target and at its highest annually since May 2005

  

  Annual inflation in Brazil hit a six-year high in September, government data showed on Friday. The benchmark IPCA consumer price index rose 7.31% in the 12 months through September -- above the official target range ceiling of 6.5% for the sixth straight month and the highest 12-month rate since May 2005.