Brazil - U.S. Business Council

  • About
    • Leadership
    • Meet the Team
    • BUSBC Policy Agenda
    • Events
  • Policy Agenda
  • Newsroom
    • Publications
    • Photo Gallery
  • Membership
    • Member Companies
    • Sponsorships
  • DID Member Login

Brazilian inflation rate continues decline in January

February 8, 2018 by

Brazil’s inflation rate continued its decline in January as costs for items such as housing and clothing fell in absolute term, the Brazilian Census Bureau (IBGE) said Thursday. Monthly inflation fell back to 0.29% from 0.44% in December. The 12-month rate declined from 2.95% to 2.86%. Food and fuel prices rose in January, spelling possible inflationary pressures in the coming months, but items such as clothing and housing declined. Economists are expecting an uptick in inflation later in the year as consumer demand rises in the face of a broad economic recovery. The Central Bank is forecasting 2018 inflation of 3.9%.

Link to IBGE release.

More Testimonials

Filed Under: Brazil News

Brazil In The News

Brazil-U.S. Business Council

View All Brazil News Alerts

Connect With Us

Brazil-U.S. Business Council
1615 H Street NW
Washington, DC 20062

Phone: 202-463-5729
Email: brazilcouncil@uschamber.com

  • Facebook
  • LinkedIn
  • Twitter
Copyright © 2022 | Brazil-U.S. Business Council | Privacy Policy