Brazil’s central bank chief says disinflation has slowed

BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Wednesday that the country’s disinflation process has slowed while inflation expectations have further deviated from the official 3% target recently.

His remarks were part of a presentation at a Santander event, where he also emphasized that “services inflation, which has greater inertia, plays a predominant role in the current stage of the disinflationary process” in the country.

(Reporting by Marcela Ayres; Editing by Gabriel Araujo)