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Topic

Brazilian inflation

Brazil services confidence in May surges to pre-pandemic high

Brazil services confidence in May surges to pre-pandemic high

Published 31 May, 2021 07:43pm
  • The Getulio Vargas Foundation's (FGV) services sector confidence index rose 6.4 points to 88.1 points in May, the second consecutive rise and the highest since the pre-pandemic levels of February last year.
  • "An expanded vaccination program will extend the recovery in a sector that was hit hard during the pandemic," he said.
Brazil retail sales fall 0.6pc in March, but far less than expected

Brazil retail sales fall 0.6pc in March, but far less than expected

Published 07 May, 2021 06:56pm
  • The seasonally adjusted monthly decline of 0.6% in March was far less than the median forecast of a 7.0% decline in a Reuters poll of economists, while the year-on-year rise of 2.4% was stronger than the 1.7% fall forecast in the poll.
  • Some 26% of firms across the country surveyed by IBGE said the COVID-19 pandemic affected sales in March, the highest percentage since July last year.
Brazilian inflation bubbles

Brazilian inflation bubbles

Published 05 May, 2021 04:01am
BRASILIA: Inflation pressures in Brazil remained strong in March, figures showed on Tuesday, with producer prices...
Brazilian inflation bubbles as annual March PPI hits record 33.5pc

Brazilian inflation bubbles as annual March PPI hits record 33.5pc

Published 04 May, 2021 07:51pm
  • The annual rate of factory gate inflation in Latin America's largest economy rose to 33.5% from 28.5%, the highest level since statistics agency IBGE's data series began in January 2014.
  • The accumulated rate of inflation in the first quarter of the year was also a record for the January-March period, rising to 14.1% from 8.9% in the three months to February, IBGE said
Brazil March inflation 6.1pc, highest since 2016

Brazil March inflation 6.1pc, highest since 2016

Published 09 Apr, 2021 07:27pm
  • The annual rate of consumer inflation rose to 6.10% from 5.20% in February, statistics agency IBGE said, slightly below the 6.20% median forecast in a Reuters poll of economists but the highest since December 2016.
  • The central bank's year-end goal is 3.75%, with a 1.5 percentage point margin of error on either side. These figures show inflation is well above even the 5.25% upper limit of that range.
Brazil mid-February inflation highest in four years

Brazil mid-February inflation highest in four years

Published 24 Feb, 2021 06:27pm
  • That was down from the 0.78% rate of monthly inflation in January, but higher than the median forecast in a Reuters poll of 0.46% and enough to push the annual rate of inflation up to 4.57%.
  • Prices rose in six of the nine groups of goods and services covered by IBGE. Transport costs rose 1.1% in the month, accounting for almost half of the overall monthly increase.
Brazil inflation rises to highest for any October since 2002

Brazil inflation rises to highest for any October since 2002

Published 06 Nov, 2020 07:54pm
  • Central bank officials say the spike is "temporary" and that long-term inflation expectations and baseline forecasts remain "well-anchored".
  • Prices rose 3.92% in the 12 months through October, the highest since February and also in line with the median forecast of 3.90% in the Reuters poll.
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