The drop in Brazilian inflation in the first half of June to a fresh decade-low of 3.5% y/y, is Brazilian inflation has fallen below the BCB’s central target for the first time in almost seven years. We expect it to fall further over the coming months, before bottoming out in July/August.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.