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Brazil: January’s IPCA-15 inflation forecast hits 0.58% and continues gradual deceleration

RIO DE JANEIRO, BRAZIL - The IPCA-15, the Brazilian inflation forecast, rose 0.58% in January, a drop of 0.20 percentage points in relation to December and following the trend of gradual deceleration in prices. The result was released on Wednesday, January 26, by the Brazilian Institute of Geography and Statistics (IBGE).

In the 12-month accumulated, the rise measured by the IPCA-15 was 10.20% - also below the 10.42% observed in the December accumulated index.

The IPCA-15 is seen as a forecast, as it considers prices between mid-December and mid-January before the final . . .

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