Brazil | Has the exchange rate pass-through in Brazil changed?
Published on Tuesday, September 22, 2015
Brazil | Has the exchange rate pass-through in Brazil changed?
Summary
We found no evidence of a significant change in the pass-through coefficient in the last year. According to our estimations, it remains between 3% and 5%. This means that recent inflationary surprises are related to other factors.
Geographies
- Geography Tags
- Latin America
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Cecilia Posadas
BBVA Research - Principal Economist
Documents and files
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