Brazil Inflation Ticks Up
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Trump’s proposed 50% tariff on Brazilian imports could raise costs for Starbucks, Dutch Bros, and others as coffee prices face renewed upward pressure.
Brazil's monthly inflation is expected to have slowed for the fourth time in a row in June due in part to lower gasoline prices, a Reuters poll showed.
President Donald Trump is threatening to impose 50% tariffs on Brazilian imports — a move that could spike prices of breakfast staples like coffee and orange juice.
Despite external trade headwinds and tight domestic monetary conditions, Brazil's finance ministry has upgraded its 2025 economic outlook.
The executive secretary of Brazil's Finance Ministry said on Tuesday that a slowdown in twelve-month inflation in May and June should open an opportunity for the central bank to revise the monetary policy stance.
In Brazil, annual inflation accelerated in September to 4.42%, in line with market expectations but above the 4.24% reported in the previous month, ...
President Donald Trump escalated his trade war, imposing new tariffs on Brazil and announcing fresh duties on copper imports.
Despite the recent drop in inflation, uncertainties around the Brazilian economy have led the Central Bank to raise the country’s benchmark interest rate. Its Monetary Policy Committee unanimously decided to raise the Selic by 0.25 percentage points, bringing it to 15 percent per year.
Brazil is planning to return to international debt markets in the second half of 2025 after a successful issuance of sovereign bonds.