Spokesperson: Luis Otavio Leal

February 2024

IPCA-15 accelerates with education and prices of services are still a concern for economists 

Our partner and chief economist Luis Otavio Leal gave an exclusive interview to Valor Econômico about the IPCA-15 indexes. 

Of the nine classes that make up the index, five accelerated from January to February. 

“For Leal, the behavior of service prices could impact on the interest rate cut cycle, especially from June onwards. This could lead to interest cuts of 0.25 p.p. as of this period, but no more than 0.5 p.p. Leal projects the Selic rate at 9% at the end of the year.” 

Check out the exclusive interview here (in Portuguese only) 

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