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Brazil hikes the Selic rate by 50bp; BRL weakness, inflationary pressures and the political environment behind the decision

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Published on Thursday, March 5, 2015

Brazil hikes the Selic rate by 50bp; BRL weakness, inflationary pressures and the political environment behind the decision

Also in Brazil industrial production grew more than expected in monthly terms, in our opinion a punctual correction following the declines registered in the previous months; in annual terms the downward trend continues and reflects the weakness of the sector.

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Report (PDF)

67413_66953.pdf English March 5, 2015
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Authors

Cecilia PosadasBBVA Research - Principal Economist
Enestor Dos SantosBBVA Research - Principal Economist
Jorge Redondo
Jorge Selaive
Juana TéllezBBVA Research - Chief Economist
Carlos SerranoBBVA Research - Chief Economist

Geographies

Geography Tags
Brazil
Latin America
Colombia

Topics

Topic Tags
Macroeconomic Analysis

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