In its latest focus Bulletin (Focus), Brazil's central bank lowered its forecast for the national broad consumer price index (IPCA) for 2022 from 6.4 per cent to 6 per cent, the 12th consecutive week of downgrades. The national broad consumer price index is an important indicator of inflation in Brazil, and analysts believe that Petroleo Brasileiro SA Petrobras's recent successive cuts in fuel prices are an important reason for the slowdown in inflation in the country. In addition, the communique also shows that the country's benchmark interest rate is expected to remain at 13.75 per cent until the end of the year. Inflation is likely to improve for the whole of 2022 and 2023, but may worsen in 2024. (CCTV News)
巴西央行连续12周下调2022年全国广义消费者价格指数
The Brazilian central bank has lowered the national broad consumer price index for 2022 for 12 consecutive weeks.
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