MNI BRIEF: BOC Cutting To 3% Next Year, Ex Governor Dodge Says

MNI BRIEF: Output Gap Shut, Wage Growth Too Fast - BOE Greene

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

MNI: US OCT TRADE GAP -$73.8B VS SEP -$83.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Annual March IPCA Inflation Expected To Fall To 4.71%

BRAZIL
  • Consumer prices as measured by the IPCA index likely rose 0.77% in March on a monthly basis, according to economists surveyed by Bloomberg, compared to a 0.84% increase in February. On an annual basis, the index is expected to reach 4.71%, down from 5.36% at the Mid-March reading. National statistics agency IBGE to release report at 1300BST/0800ET.
  • On Monday, very small adjustments were made to inflation expectations in the latest BCB Focus survey. Economists raised 2023 CPI forecast to 5.98% from 5.96% and 2024 year-end inflation to 4.14% from 4.13%. Link here: https://www.bcb.gov.br/en/publications/focusmarketreadout
  • China has confirmed that President Lula will visit between April 12-15. Lula and entourage are expect to have departed for China earlier this morning.
  • In an interview with TV Brasil today, the President said that Brazil wants China to make new investments in Brazil. The administration will try to convince the Chinese to make more investments here, try to sell them Embraer planes, try to sell more soybeans, more corn, more meat, President Lula said. He added that he will invite Xi Jinping to Brazil for a bilateral meeting, to show investment projects for Chinese.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.