Free Trial

IGP-10 Inflation Continues To Indicate Price Pressures

BRAZIL
  • Prices measured by IGP-10 inflation index rose 3.24% in the latest reading, ahead of the Bloomberg estimate of 2.72% and a prior reading of 1.58%.
  • A marginally softer week for the Real where USDBRL closed just under 1% higher at 5.2734. The pair was supported off the mid-January lows and now strong pivot support at 5.20 with the primary resistance the 20-day EMA at 5.3787, in a very light week for domestic data.
  • Central bank releases Focus survey, with analyst's estimates for GDP, FX, inflation and Selic rate, on its website at 8:25am
  • Sao Paulo has resumed the vaccination of pregnant women with Pfizer shots: EBC

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.