Brazil’s inflation probably fell to its lowest annual rate since September 2012 in January, a Reuters poll showed on Monday, adding to investors’ confidence about steep interest rate cuts by the central bank this year.
Consumer prices probably rose 5.41 percent in the 12 months through January, slowing from an increase of 6.29 percent in 2016, according to the median of 33 forecasts for the IPCA price index due out on Wednesday at 9 a.m. local time (1100 GMT).
The monthly inflation rate is expected to be 0.44 percent, the slowest for the month of January since 2007, according to the median of 35 estimates in the poll.
Brazil Energy Insight 
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