Brazil Focus Report: Inflation Forecast Climbs for Fourth Straight Week as Iran War Weighs
Key Points — The median 2026 IPCA forecast rose from 4.31% to 4.36%, the fourth consecutive weekly increase, driven by energy cost pass-throughs from the Strait of Hormuz closure — but still within the 4.5% upper band of the central bank’s target — The Selic year-end forecast held steady at 12.5%, implying roughly 225 basis […] The post Brazil Focus Report: Inflation Forecast Climbs for Fourth Straight Week as Iran War Weighs appeared first on The Rio Times.
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Key Points — The median 2026 IPCA forecast rose from 4.31% to 4.36%, the fourth consecutive weekly increase, driven by energy cost pass-throughs from the Strait of Hormuz closure — but still within the 4.5% upper band of the central bank’s target — The Selic year-end forecast held steady at 12.5%, implying roughly 225 basis […]
The post Brazil Focus Report: Inflation Forecast Climbs for Fourth Straight Week as Iran War Weighs appeared first on The Rio Times.
