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29.06.22 15:20

Economics

Brazil's National Monetary Council sets the inflation target for 2025 at 3%

For 2022, the expectation remains at 3.5%

The National Monetary Council (CMN) has set the inflation target for 2025 at 3% with a tolerable increase or decrease of 1.5 percentage points. The estimate was published by the Ministry of Economy. This is reported by Metrópoles, a partner of the TV BRICS network.

The Council kept the inflation targets for 2023 and 2024 at 3.25% and 3%, respectively. For 2022, the expectation remains at 3.5%, with the same tolerance range of 1.5 percentage points.

CMN believes that setting the inflation target for 2025 at 3% reduces uncertainty and increases planning opportunities for families, companies and the government, stimulating investment, production and improving the well-being of Brazilian society.

Photo: IStock

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Brazil's National Monetary Council sets the inflation target for 2025 at 3%

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