Brazil's annual inflation came in slightly below market forecasts in December but still ended 2024 above the upper limit of ...
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’s retailers are already reeling from foreign competition, high interest rates and stubborn inflation. Now a dramatic ...
"*BRAZIL DEC. CONSUMER PRICES RISE 0.52% M/M; EST. +0.53%" ...
Inflation below expectations, in turn, is also due to the appreciation of the Brazilian Real ... annualized average value of 45% in the credit market, bringing pressure on growth down.
The Brazilian economy faces challenges in 2024 with high inflation, rising interest rates, and a devalued currency impacting ...
Brazil’s annual inflation unexpectedly slowed in early December as central bankers pledge two more jumbo interest rate hikes ...
Monday started on a positive note, as Brazil’s Ibovespa index jumped up by 0.8%, cracking that significant 119,300-point mark ...
(Bloomberg) -- Brazil’s inflation picked up much more than expected ... So far, a hot job market and strong consumer demand have dulled the effects of double-digit borrowing costs.
With a tight labor market and a struggling currency, there’s little reason to expect near-term improvement. The latest inflation data give the central bank further grounds to accelerate its rate-hike ...
(MENAFN- The Rio Times) Brazil's economic landscape shifts as inflation expectations increase and interest rates soar. The market's median projection for the National Consumer Price index (IPCA ...
Brazil raises interest rates by 100 ... costs and worsen fiscal conditions, deteriorating market expectations and ultimately driving inflation higher. Policymakers began tightening in September ...