LatAm Daily | We expect an increase in prices and an unchanged Selic rate in Brazil today
Published on Wednesday, October 21, 2015
LatAm Daily | We expect an increase in prices and an unchanged Selic rate in Brazil today
Summary
In Brazil, October’s IPCA-15 is expected to show another increase in domestic prices and an increase in full-month inflation. On the other hand, the Selic rate should remain unchanged in view of the weaker economic activity. The main risk to our call is that the monetary easing we expect to start in 2Q16 ends up being delayed until 2H16.
Geographies
- Geography Tags
- Latin America
- Mexico
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
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