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14th Apr 2023 15:25Latin America, Weekly Monitor

  • March CPI figures brought further hard evidence that inflation in Brazil is well under control.
  • Falling inflation, coupled with a responsible new fiscal framework, will allow the BCB to cut rates in Q3.
  • Domestic demand remains sluggish, despite solid retail sales in January, but the outlook will improve. 

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Keywords for: 17 Apr 2023 LatAm Monitor

bcb, brazil, cpi, falling inflation, inflation, latam, rate cuts, retail, retail sales, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence