March 2026

Distorted inflation

Luis Otavio Leal

Valor Econômico

 

Our partner and Chief Economist, Luis Otavio Leal, spoke with Valor Econômico about the February IPCA result.

According to Leal, the figure came “distorted” by one-off factors, such as the drop in electricity prices in January and the seasonal impact of education costs in February, which makes it harder to obtain a clearer reading of the short-term inflation trend.

Read the full article here.

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