Inflation continues to rise in the United States
Posted: Wed Jan 04, 2023 4:46 am
The commercial dollar closed on Monday (11) with a variation of -0.3%, worth R$4.6944, after starting the day quoted at R$4.7070. The Euro closed the trading session with a variation of -0.4%, at R$5.1089, after starting the day at R$5.1279. The American currency started this Monday (11) quoted at R$4.6820, and the Euro opened the day quoted at R$5.0950. today's agenda Outside 03h00 – Germany – Final consumer price index (mar) 06:00 – Germany – Zew Index of Economic Expectations 9:30 am – USA – Consumer price index (mar) Brazil 09:00 – Monthly survey of services (Feb) outlook for the day real x dollar After having retreated by 1.8% in January, the national services sector again presented a decline in February.
According to the IBGE, in the monthly comparison the decrease was 0.2% and in the comparison with the same month of last year there was an advance of 7.4%. Despite the robust result compared to February last year, caution C Level Executive List is needed in the interannual comparison during the pandemic. In the United States, the economic signals are mixed. The monthly variation of inflation in the country was +1.2% in March, the highest percentage in this type of comparison since September 2005. With the March result, the accumulated inflation in 12 months rose to 8.5%, the highest level since December 1981. Despite the inflationary surge, the March result was highly concentrated in items that suffered from the impacts of the war.
Just out of curiosity, gasoline rose 18.3% in March alone. Despite the indicators, a good part of the futures indices were up on the morning of Tuesday (12), reflecting some improvement in the mood of foreign investors. The daily trend is for appreciation of the Brazilian currency. Real x Euro The final reading of German inflation just endorsed what had already been recorded days earlier by preliminary data. Pressured by the increase in fuel and food prices, monthly inflation increased by a frightening 2.5% in March, amounting to an annualized inflation of 7.5%. The economic perception indices, surveyed by ZEW, show that the data are still at negative levels, but with a marginal improvement in this last reading. The trend of the day is for the appreciation of the real.
According to the IBGE, in the monthly comparison the decrease was 0.2% and in the comparison with the same month of last year there was an advance of 7.4%. Despite the robust result compared to February last year, caution C Level Executive List is needed in the interannual comparison during the pandemic. In the United States, the economic signals are mixed. The monthly variation of inflation in the country was +1.2% in March, the highest percentage in this type of comparison since September 2005. With the March result, the accumulated inflation in 12 months rose to 8.5%, the highest level since December 1981. Despite the inflationary surge, the March result was highly concentrated in items that suffered from the impacts of the war.
Just out of curiosity, gasoline rose 18.3% in March alone. Despite the indicators, a good part of the futures indices were up on the morning of Tuesday (12), reflecting some improvement in the mood of foreign investors. The daily trend is for appreciation of the Brazilian currency. Real x Euro The final reading of German inflation just endorsed what had already been recorded days earlier by preliminary data. Pressured by the increase in fuel and food prices, monthly inflation increased by a frightening 2.5% in March, amounting to an annualized inflation of 7.5%. The economic perception indices, surveyed by ZEW, show that the data are still at negative levels, but with a marginal improvement in this last reading. The trend of the day is for the appreciation of the real.