{"id":11808,"date":"2026-08-13T12:59:07","date_gmt":"2026-08-13T15:59:07","guid":{"rendered":"https:\/\/g5partners.com\/?post_type=imprensas&#038;p=11808"},"modified":"2026-10-13T15:31:37","modified_gmt":"2026-10-13T18:31:37","slug":"um-dado-acima-do-esperado-por-si-so-nao-muda-a-tendencia-da-inflacao","status":"publish","type":"imprensas","link":"https:\/\/g5partners.com\/en\/imprensas\/um-dado-acima-do-esperado-por-si-so-nao-muda-a-tendencia-da-inflacao\/","title":{"rendered":"A single data point above expectations does not, by itself, change the inflation trend."},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"436\" src=\"https:\/\/g5partners.com\/wp-content\/uploads\/2025\/01\/Luis-Otavio-Leal-Valor-Economico-1024x436.jpg\" alt=\"\" class=\"wp-image-5628\" srcset=\"https:\/\/g5partners.com\/wp-content\/uploads\/2025\/01\/Luis-Otavio-Leal-Valor-Economico-1024x436.jpg 1024w, https:\/\/g5partners.com\/wp-content\/uploads\/2025\/01\/Luis-Otavio-Leal-Valor-Economico-300x128.jpg 300w, https:\/\/g5partners.com\/wp-content\/uploads\/2025\/01\/Luis-Otavio-Leal-Valor-Economico-768x327.jpg 768w, https:\/\/g5partners.com\/wp-content\/uploads\/2025\/01\/Luis-Otavio-Leal-Valor-Economico.jpg 1175w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n<p class=\"wp-block-paragraph\">The July IPCA came in below the target ceiling again, but interpreting the data requires caution.<br\/><br\/>In an interview with <a href=\"https:\/\/www.linkedin.com\/company\/valoreconomico\/\" target=\"_blank\" rel=\"noopener\">Valor Econ\u00f4mico<\/a>, our partner and chief economist, <a href=\"https:\/\/www.linkedin.com\/in\/luis-otavio-leal-838067a\/\" target=\"_blank\" rel=\"noopener\">Luis Otavio Leal<\/a>, emphasizes that the result above expectations does not signal the end of the favorable inflation environment, but is also insufficient to anticipate a new Selic rate cut.<br\/><br\/>According to Leal, despite a relevant chance of a cut at the next Copom meeting, <a href=\"https:\/\/www.linkedin.com\/company\/g5partners\/\" target=\"_blank\" rel=\"noopener\">G5 Partners<\/a>&#8216; expectation remains that the rate will be maintained, given the prospect of inflation reacceleration in the coming months and persistent pressures in services.<br\/><br\/>Read the full article <a href=\"https:\/\/lnkd.in\/dWXyBkMd\" data-type=\"link\" data-id=\"https:\/\/lnkd.in\/dWXyBkMd\" target=\"_blank\" rel=\"noopener\">here.<\/a><\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"featured_media":5645,"template":"","class_list":["post-11808","imprensas","type-imprensas","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/g5partners.com\/en\/wp-json\/wp\/v2\/imprensas\/11808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/g5partners.com\/en\/wp-json\/wp\/v2\/imprensas"}],"about":[{"href":"https:\/\/g5partners.com\/en\/wp-json\/wp\/v2\/types\/imprensas"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/g5partners.com\/en\/wp-json\/wp\/v2\/media\/5645"}],"wp:attachment":[{"href":"https:\/\/g5partners.com\/en\/wp-json\/wp\/v2\/media?parent=11808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}