The CPI and unemployment rate figures for October are to be released at 9:00am today. Patria expects the CPI to rise 0.3% m-o-m and 3.2% y-o-y (compared to -0.8% m-o-m and +3.0% y-o-y in September) and an unemployment rate of 9.8% (compared to 10.1% in September). Our forecasts are in line with the market consensus.
Tomáš Gatěk, Patria Finance