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Brazil: market projects new inflation hike for 2023

The Focus Bulletin released this Monday, 10, by the Central Bank, makes a new projection of inflation increase for 2023.

According to market analysts, the Broad Consumer Price Index (IPCA) will close at 5.98%, compared to 5.96% last week.

Since President Lula took office, the Focus projection for inflation has increased for 11 straight weeks, and two weeks ago, it was projected to be stable.

And then it increased again.

For 2024, the projection . . .

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