LatAm Daily | Inflation in March in Brazil and Chile evolved below expectations
Published on Monday, April 11, 2016
LatAm Daily | Inflation in March in Brazil and Chile evolved below expectations
Summary
In Brazil annual inflation declined to 9.39% (0.46% MoM); we expect convergence to 6.8% by the end of 2016 and to 4.5% by the end of 2017. CPI in Chile increased 0.4% MoM (4.5% YoY) in March; at tomorrow’s MP meeting we expect a pause in rates and the beginning of a more dovish tone. Also, today we expect a negative monthly growth rate for industrial production in Mexico.
Geographies
- Geography Tags
- Latin America
- Brazil
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Lorena Lechuga
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist
Documents and files
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