In November this year, the Broad National Consumer Price Index 15 (IPCA-15), which anticipates the country's official inflation, registered a variation of 0.33%,
exceeding the expectations of analysts, who predicted an increase of 0.30% . This rate was above the 0.21% recorded in the previous month's preview, but below the 0.53% observed in the November 2022 preview. The data was announced by the Brazilian Institute of Geography and Statistics (IBGE) this Tuesday ( 28), in Rio de Janeiro. With this result, the IPCA-15 accumulates variations of 4.30% in the year and 4.84% in the last 12 months.
Although inflation did not surprise, it is important to note that the market suffered impacts this morning due to a sharp drop in the price of iron ore in China.
This resulted in a devaluation of Vale's shares and acted as a brake on the Ibovespa . Given this scenario, it is expected that the market mood will not undergo major changes, as these data were not completely unexpected.