Free Trial

November IPCA Inflation Data Due

  • Consumer prices as measured by the IPCA index are expected to have increased by 0.29% in November on a monthly basis. This should see the annual headline rate reach 4.70%, after a 4.84% mid-November reading. The data will not have an impact on Wednesday’s Copom decision, with the central bank unanimously expected to deliver another 50bp rate cut, bringing the Selic rate to 11.75%. As a reminder, latest data from the Focus survey now sees 2023 year-end inflation at 4.51%. National statistics agency IBGE to disclose data at 1200GMT/0700ET.
    • Nov. IBGE Inflation IPCA M/m, est. 0.29%, prior 0.24%
    • Nov. IBGE Inflation IPCA Y/y, est. 4.70%, prior 4.82%

To read the full story



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.