For the fourth consecutive week, the financial market has improved projections for inflation in 2016. According to the Focus Bulletin, a weekly publication in which the central bank meets the expectations of about 100 analysts, the Broad Consumer Price Index (IPCA) should close year on 7.04%.

For 2017, analysts also improved forecasts and expectations increased from 5.07% to 5.06%. A month ago, the forecast was higher, it was 5.12%. In recent weeks, better data cost of living influenced to better scenarios of economists.

In September, the IPCA was 0.08%, a level below that expected by the financial market and the Central Bank, which estimated a number around 0.19%. The data came better than expected due to food prices, which fell in the month.

administered prices

Forecasts for the regulated prices, which are regulated by contract and tariffs as power and telephone, also retreated. For 2016, analysts have come to expect a high of 6.11%; before the forecast was 6.20%. In 2017, went from 5.50% to 5.30%.

Source: Portal Brazil, with the information Central Bank