INSUBCONTINENT EXCLUSIVE:
April 25, 2025.This rate barely moved from the previous day and stands 10.7% higher than a year ago
the rise, with tomatoes, coffee, and milk recording the sharpest increases
Medicine prices also climbed after a government-authorized adjustment
These pressures reveal supply chain issues and the impact of a weaker real on import prices.Transport costs offered some relief as airfares
and fuel prices dropped, but this did not offset the broader trend of rising prices across all major categories.Dollar Holds Steady Against
(Photo Internet reproduction)The central bank responded by keeping the Selic rate at 14.25%, with markets expecting a further hike to 15% by
year-end.High rates have made credit more expensive, slowing investment and consumption
The central bank projects 1.98% GDP growth for 2025, reflecting cautious optimism.However, private analysts remain skeptical about the
Exports grew 5.5% year-on-year, driven by a 16% jump in agricultural shipments.Soybean exports are set to reach 14.47 million tons in April,
balance, but it has not been enough to counteract inflation and currency pressures.Technical analysis of the USD/BRL pair shows the real
trading below key moving averages
The 200-period moving average acts as resistance near 5.77, while support levels sit at 5.68 and 5.64.The pair has consolidated after
failing to break above 5.85 earlier in the month, reflecting a cautious market mood.Business sentiment remains wary as investors weigh
a wait-and-see approach.Traders expect little movement until new economic data or policy signals emerge
