Brazil | Inflation (finally) starts to decline
Published on Wednesday, March 9, 2016
Brazil | Inflation (finally) starts to decline
Summary
After trending up for a longer-than-expected time, annual inflation declined from 10.71% YoY in January to 10.36% YoY in February. We expect it to continue to lose steam going forward, in line with smaller adjustments in administered prices and the effects of the contraction in domestic demand. Anyway, inflation will likely converge to within the target range only 2017.
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
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