Inflation: a Worrying Picture

BRAZIL ECONOMICS - Report 11 Jan 2016 by Affonso Pastore, Cristina Pinotti, Marcelo Gazzano and Caio Carbone

Inflation in 2015 reached 10.67%, more than 4 percentage points above the top of the target interval. The main problem, however, is not the past behavior of inflation, but rather the perspectives for 2016. First, inflation is extremely resistant to falling. Second, the present recession turns to be the deepest and longest in the past 35 years. Finally, the government is facing strong political pressures clamoring for policies to jump start growth, be it by expanding credit or signaling the lowering of the interest rate.

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.