Inflation moderates in line with expectations
Published on Thursday, November 10, 2011
Inflation moderates in line with expectations
Summary
Inflation reached 7.0%y/y (0.43%m/m) in October, down from 7.3%y/y (0.53%m/m) in September. This was the first time that yearly inflation moved downwards since July of 2010. Although we expect the moderation to continue in coming months, inflation should continue over the 4.5%y/y target for a long period.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
Documents and files
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