The inflation target pursued by the Central Bank is 3.25% this year, with a tolerance ceiling of 4.75%
(updated at 9:22 am)
O Extended National Consumer Price Index (IPCA)official indicator of inflationdecelerated from 0.84% in February to 0.71% in March, released this Tuesday, 11, the Brazilian Institute of Geography and Statistics (IBGE).
The result was within the range of analysts’ estimates heard by the Estadão/Broadcastwhich forecast an advance from 0.69% to 0.85%, but below the positive median of 0.77%.
The rate accumulated by the IPCA in 12 months cooled from 5.60% in February to 4.65%. The inflation target pursued by the Central Bank (BC) is 3.25% this year, with a tolerance ceiling of 4.75%.
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