INSUBCONTINENT EXCLUSIVE:
energy prices from its interest rate formula.He argues that these volatile sectors distort the Selic rate, now at 14.25%, and hinder
tensions driving up food and energy costs
20%, and food inflation climbs 7%, straining households where food and housing take 40% of budgets
real inflation in a country tied to agriculture and exports like soybeans
The data reveals a divide: core inflation sits at 3.72% in January, calmer than the headline 5.06%, yet daily costs hinge on food and
