Speaking to TV Globo’s program Jornal Nacional from Washington, D.C., Tombini said that the central bank’s job in helping contain inflationary pressures has been “important.” Twelve-month trailing inflation has declined about 1 percentage point between June last year and January, Tombini noted.Ĭonsumer prices, as measured by the benchmark IPCA consumer price index, rose in March at the fastest pace in 11 years for that month, the government said earlier in the day. ![]() SAO PAULO (Reuters) - Supply and demand conditions in Brazil are more balanced at the moment, central bank President Alexandre Tombini said on Wednesday, adding that a recent spike in food prices is of a temporary nature. ![]() ![]() Brazilian central bank chief Alexandre Tombini arrives for a public hearing on the Economic Affairs Committee at the Brazilian Federal Senate in Brasilia December 10, 2013.
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