13 Jan 2021 Brazil's Inflation Rebounded in Late Q4, just before the Second Wave

Andres Abadia (Senior International Economist)12th Jan 2021 19:10Latin America, Economic Monitor

Inflation in Brazil surprised to the upside in December, strengthening the case for interest rate hikes in late Q2 or early Q3, depending on the pandemic.

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base effects bcb brazil brl capex cash consumption copom December depreciation domestic demand economy electricity energy February food food prices goods inflation headline inflation household goods index inflation inflation pressures interest rate interest rates ipca labour labour market latin america machinery manufactured goods non-energy goods non-energy goods inflation November oil output gap policymakers q1 q2 q3 remain selling price expectations services prices tariff transportation unemployment

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Keywords for: LatAm 13 Jan 2021

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