Published on Wednesday, October 7, 2015
LatAm Daily | Inflation to remain broadly stable at very high levels in Brazil
Summary
Brazil’s inflation is expected to have reached 9.4% YoY in September, not very different from the last two outturns. Even though inflation will continue at abnormally high levels (it should peak at around 9.7% in October-November), the BCB will likely leave interest rates at 14.25% for the next few months.
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Authors
MC
Marina Conesa
ED
Enestor Dos Santos
BBVA Research - Principal Economist
HP
Hugo Perea
BBVA Research - Chief Economist
CP
Cecilia Posadas
BBVA Research - Principal Economist
JS
Jorge Selaive
CS
Carlos Serrano
BBVA Research - Chief Economist
JT
Juana Téllez
BBVA Research - Chief Economist