In October, consumer prices (as measured by the mid-month consumer price index, IPCA-15) increased 0.42% over the previous month, which was below the 0.53% increase recorded in September and only slightly lower than market expectations of a 0.45% rise. The result mainly reflected higher prices in the food and clothing categories. As a result, annual headline inflation decelerated from 7.3% in September to 7.1% in October, easing for the first time since August 2010. That said, inflation remains above the tolerance margin of the Central Bank's target of 4.5% ( 2.0 percentage points) for a sixth straight month. The Central Bank expects inflation to decline to 6.4% by the end of 2011 and to 4.7% by the end of 2012.
Inflation slows for first time in 14 months
October 20, 2011
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Brazil Economic News
October 25, 2016
Brazil’s current account balance improved in September, continuing to build on the considerable gains made over the past year.
October 19, 2016
At its 19 October meeting, the Central Bank’s Monetary Policy Committee (COPOM, Comite de Politica Monetaria) decided to cut the benchmark SELIC interest rate for the first time in four years, lowering it from 14.25% to 14.00%.
October 18, 2016
Retail sales (excluding cars and construction) fell 0.6% in August from the previous month in seasonally-adjusted terms.
October 7, 2016
Consumer prices in September increased 0.08% over the previous month, the lowest rise since July 2014.
October 4, 2016
In August, industrial production plunged 3.8% over the previous month in seasonally-adjusted terms, which significantly contrasted the 0.1% expansion recorded in July and marked the worst result since January 2012.