Economist José Roberto Mendonça de Barros, from MB Associados, revised his projections for the IPCA by year-end 2026, lowering the estimate from 5% to 4.6%. The revision came after deflation of 0.40% recorded by IPCA-15, which exceeded market expectations.
The IPCA-15 result triggered a wave of forecast revisions for this year's inflation. Other banks and consulting firms may also revise their 2026 projections downward in the coming weeks, as the price environment continues to show a favorable trajectory.
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