Distorted inflation
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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