Brazil closed 2024 with annual inflation at 4.83 percent, pushed above target by higher food prices after a year in which crops were hard hit by floods and drought, official data showed Friday.

Brazil economists raised their forecasts for the benchmark interest rate and inflation at the end of next year as factors including a weak currency make consumer price pressures hard to tame.

SAO PAULO (Reuters) - Brazil's annual inflation ... market and unanchored inflation expectations despite projections of a more aggressive rate path through this year. They unanimously voted ...

(Bloomberg) -- Brazil ... rate at the end of next year to 13.5%, from 12.63% before. Borrowing cost cuts are only expected to start in 2026, when the Selic is seen at 11% before falling to 10% ...

Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect ...

Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da ...

Brazil economists raised their 2025 inflation ... It was the 11th straight upward revision to next year’s estimate. Annual inflation will stand at 4.9% this month, down slightly from the prior ...

Investing.com -- Brazil's yearly ... the benchmark Selic rate to its highest level in eight years. Driving these changes are rising food costs, particularly for meat, and inflation in the service ...