Economy
Brazil
Brazil's broad consumer price index (IPCA) came in at 6.5% y-o-y in December, just back within the upper limit of the central bank's target band of 4.5%-6.5%. Though we believe supply...
2012-02-02Brazil
BMI View: Brazil's broad consumer price inflation index (IPCA) registered a slowdown in growth in November 2011, to 6.64% y-o-y from 6.97% the previous month. This trend is in line...
2012-01-05Brazil
Our above-consensus 3.9% real GDP growth forecast for Brazil in 2012 is based in large part on our view that the Brazilian authorities can and will use available policy tools to keep...
2012-01-03Brazil
BMI View: Although we have revised down our 2012 real GDP growth forecast to 3.9%, from 4.8% previously, in line with our deteriorating global growth projections, we remain above...
2011-12-19Brazil
Brazil recorded the largest primary fiscal surplus for six months in October 2011, taking the year-to-date surplus to BRL119bn, significantly above the levels recorded over the previous...
2011-11-29Brazil
BMI View: The Brazilian real has continued its sell-off against the US dollar, trading around BRL1.8500/US$ at the time of writing, and we are not yet convinced that the bottom has...
2011-11-29Brazil
BMI View: Brazil's current account narrowed slightly in Q311, a trend which we expect to continue throughout 2012 and 2013. The financial account also held up well to investor risk...
2011-11-28Brazil
Currency intervention to stem the recent sell-off in the Brazilian real in recent months has capped the process of reserve accumulation, with foreign reserves experiencing their first...
2011-11-01
