Clipping of news on Brazilian Culture, Law and Citizenship
08.24.2015
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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The indicator reaches the 6th straight month, the record for the series started in September 2005
Result reflects the day-to-day consumer who lives with a price increase of various products and services Tania Rego / ABr
The median inflation forecast by Brazilian consumers for the next 12 months was 10.0% in July, 0.3 percentage point (pp) above the number reported in the previous month, according to data released on Monday (24) by FGV (Getulio Vargas Foundation).
As a result, the indicator reaches for the sixth consecutive month, the record for the series started in September 2005 and first arrives in the double digits.
Economist Pedro Costa Ferreira, FGV / IBRE states that this result, although expected, is surprising.
- It's hard to imagine that anyone at the beginning of the year foresaw an acceleration so strong the inflation expectations of consumers. This result reflects the day-to-day consumer who lives with an increase in the price of various goods and services.
Regarding the frequency distribution of quantitative inflation forecasts made by consumers for the following 12 months, ranging between 9% and 10% is the second time the most quoted, reaching 34.0% of assinalações.
The proportion of consumers anticipating inflation below the target ceiling (6.5%) stood at only 3.7% of the total, while the share of that project inflation exceeding 8% has already reached 85.3% of the sample.
Source: R7
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This article was translated by an automatic translation system, and was therefore not reviewed by people.