Brazil | Double-digit inflation
Published on Wednesday, December 9, 2015
Brazil | Double-digit inflation
Summary
Inflation beat expectations and reached 10.48% YoY in November. The main contributors were food and administered prices (mainly fuels). Even though inflation will likely ease from the beginning of 2016 onwards, it will do so from a higher-than-expected level, which means that convergence to the 2.5%-6.5% target range will take longer.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Documents and files
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 850