Pantheon Macroeconomics

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14th Mar 2022 00:20Latin America, Daily Monitor, Weekly Monitor

  • Inflation in Brazil remains stubbornly high, and still has upside surprises to come.
  • The inflation outlook has become significantly more challenging, and the COPOM will continue to act.
  • Retail sales volumes show strong momentum, but tighter financial conditions will bite in H1.

auto sales bcrp copom cpi diesel disinflation domestic demand energy food prices gasoline headline inflation inflation expectations inflation outlook inflation pressures inflation risks interest rates January job market policy policymakers supply chain transportation

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Keywords for: High Inflation and Subpar Economic Growth in Brazil Over the First Half

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