RIO DE JANEIRO, BRAZIL - The Focus report released on Monday, September 20, brings a general worsening of some of the leading economic indicators. In just one week, the projections for the IPCA inflation this year went from 8% to 8.35% -- for 2022, the expectation now is for inflation of 4.10%. The previous forecast was 4.03%.
The increase in the price of electricity due to the water crisis and the rise of commodities in the international market are among the key factors that account for the revision of market agents' expectations.
With new projections for inflationary pressure, the . . .