Difficult Days Ahead

BRAZIL ECONOMICS - Report 05 Aug 2013 by Marcelo Gazzano, Cristina Pinotti and Affonso Pastore
Executive Summary The fall of food prices will still reduce inflation for a few weeks, but the pass-through of the weaker exchange rate to consumer prices will soon raise current inflation. Besides this, the government has exhausted its arsenal of actions on the prices of some specific products that for the time being have been able to keep inflation artificially low. But excluding administered prices, the annual growth of the IPCA is 8%. The risk is that lower trade surpluses and shrinking financial flows will put more pressure on the real. In this case the pressure on tradables prices can...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.