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Brazil’s central bank chief says disinflation has slowed

2024.08.28 09:44

© Reuters. FILE PHOTO: Brazil's central bank Governor Roberto Campos Neto, speaks at the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023. REUTERS/Brendan McDermid/File Photo

BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Wednesday that the country’s disinflation process has slowed while inflation expectations have further deviated from the official 3% target recently.

His remarks were part of a presentation at a Santander (BME:) event, where he also emphasized that “services inflation, which has greater inertia, plays a predominant role in the current stage of the disinflationary process” in the country.



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