The rate is the lowest for the month since the implementation of Plano Real in 1994.
Browsing: inflation
Financial institutions have reduced their estimate for the National Extended Consumer Price Index (IPCA) from last week’s 3.58% to 3.56%.
The forecast regarding the National Extended Consumer Price Index slid from 3.60% to 3.58% as per the Central Bank’s poll with financial institutions.
The Extended National Consumer Price Index (IPCA) changed by 4.31%, above the Central Bank’s goal of 4.25%, but within its tolerance margin.
Value apportioned in the budged to be invested is USD 5.5 billion, the lowest one since 2004.
Financial institutions estimate that the Brazilian economy will end 2019 with a growth of 1.17%. Projection is slightly better than last week’s.
Estimate for Brazilian economic growth this year was increased from 0.9% to 1.2% after Q3 results.
Selic was cut back by 0.5 percentage point, reaching its lowest level ever.
The estimate regarding the 2019 National Extended Consumer Price Index from banks polled by the Brazilian Central Bank moved from 3.46% to 3.52%.
Brazilian financial institutions expect prices to have gone up 3.33% by the end of this year in Brazil, up from last week’s 3.31% forecast.
Central Bank’ Focus Readout reported.
The IPCA-15 official inflation index preview was 0.09%.
Banks reduced their inflation forecast for the tenth straight time.
IPCA, official measure of inflation, slid by 0.04% last month
