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5.7

Brazil IPCA-15 Inflation Accelerates, Target Miss Likely

Brazil's September IPCA-15 rose 0.7% m/m, above market expectations, pushing 12-month inflation to 4.47%, above the CMN target ceiling of 4.5%. Economists see the target as unattainable, citing uncertainty and El Niño risks, which may force the central bank to maintain or hike rates.

Valor Econômicoabout 5 hours agoBRCredibility 42%View source

Score Breakdown

Mosaic Score5.7
Model confidence0.7
Significance0.5
Source credibility0.4

Intelligence Tags

#inflation#brazil#ipca-15#monetary-policy#central-bank

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