Why is Inflation so High and Volatile in Brazil? A Primer

7 Pages Posted: 2 Dec 2016

See all articles by Tony Volpon

Tony Volpon

Government of the Federative Republic of Brazil - Central Bank of Brazil

Date Written: November 1, 2016

Abstract

Inflation dynamics in Brazil are high and volatile. This short paper seeks to shed some light on the features of inflation in Brazil and provides a non-exhaustive list, in the way of a primer, of factors that are especially important. It also offers some suggestions for how monetary policy could deal with these factors to control inflation and bring interest rates closer to international levels.

Full Publication: Inflation Mechanisms, Expectations and Monetary Policy

Keywords: Inflation, determinants, monetary policy

JEL Classification: E31, E52, E58

Suggested Citation

Volpon, Tony, Why is Inflation so High and Volatile in Brazil? A Primer (November 1, 2016). BIS Paper No. 89f, Available at SSRN: https://ssrn.com/abstract=2870952

Tony Volpon (Contact Author)

Government of the Federative Republic of Brazil - Central Bank of Brazil ( email )

P.O. Box 08670
SBS Quadra 3 Bloco B - Edificio-Sede
Brasilia, Distr. Federal 70074-900
Brazil

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