The rate is the lowest for the month since the implementation of Plano Real in 1994.
Browsing: inflação
Financial institutions estimate that the Brazilian economy will end 2019 with a growth of 1.17%. Projection is slightly better than last week’s.
The IPCA-15 official inflation index preview was 0.09%.
Forecasts from Brazilian financial institutions polled by the Brazilian Central Bank eased marginally, going from 3.44% to 3.43% for inflation and from 5% to 4.75% for the interest rate.
Price index recorded a year-on-year 1.1% decrease.
Banks keep reducing their estimate for Brazil’s GDP. Expectation now is that the economy will grow 1.23% in 2019.
According to IBGE, this was the greatest change for the month of May since 2016.
The 2019 economic growth estimate from Brazilian financial market players eased from 1.49% to 1.45%.
Brazilian financial market players expect to see 1.49% economic growth this year, down from 1.70% as of last week’s poll.
Financial market revised down for the ninth time in a row their projections for Brazilian economy growth in 2019.
Brazilian financial market players’ 2019 economic growth estimate moved from 2% to 1.98%.
Financial institutions are expecting the Brazilian economy to see 2.28% growth in 2019. The estimate is down than that of last week.
IPCA, Brazilian official inflation index, was above the 0.15% registered in December, driven by food and beverages.
Official inflation projection IPCA-15 registered price drops primarily due to reduction in gas prices.
