Brazil inflation to top 5 percent for first time in over two years: Reuters poll

Annual inflation in Brazil is expected to have topped 5 percent in March for the first time in over two years, according to a Reuters poll of economists, a potential dilemma for policymakers hoping it falls back to target sooner rather than later.

The median estimate from 19 economists is for annual consumer price inflation to increase to 5.01 percent in April from 4.58 percent in March, driven by rising transport costs, healthcare costs and food prices.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.