Brazil's November Consumer Prices To Slip The Most Since Mid-2017
Brazilian consumer prices likely fell the most in more than a year in November, a Reuters poll showed on Tuesday, suggesting that the central bank could refrain from raising interest rates for even longer than expected.
The benchmark IPCA index probably dropped 0.10% from October, according to the median of 22 forecasts.
That would be the first decline since August, when the normalisation of supply chains in the aftermath of a nationwide truckers' strike drove prices lower across the board, and the largest since mid-July 2017.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!