’12-month inflation has peaked in Brazil and is starting to improve,’ says central bank president

Central Bank of Brazil (BC) President Roberto Campos Neto said 12-month inflation has peaked in Brazil and is improving. However, this process should be taken with caution, he said.

For Campos Neto, the labor market situation is one of the most important points for analysis at the next meeting of the Monetary Policy Committee (Copom).

The statements were made during the Valor 1000 event, organized by the newspaper Valor Econômico in São Paulo.

“We have tried to understand, in the service sector, what the wage pressure on inflation might be. We feel…

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