Brazil | Inflation peaked at 10.7% YoY in December
Published on Friday, January 8, 2016
Brazil | Inflation peaked at 10.7% YoY in December
Summary
Inflation closed 2015 at 10.67% YoY, somewhat lower than expected, but well above the target range (2.5%-6.5%). After trending up last year, inflation will start to decline in January, due to lower (although still high) pressure from regulated prices. Inertia and the effect of a weaker currency cast doubt over the convergence of inflation to the target range in 2016.
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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