BRASILIA (Reuters) – The drought in Brazil is affecting inflation, central bank head Roberto Campos Neto said at an online event on Wednesday, adding that climate change has been influencing central bank mandates and monetary policy.
“We are talking about an energy crisis in Brail again, because it´s not raining enough. This has an effect in inflation, in food prices, it is very tied to our mandate”, Campos Neto said.
(Reporting by Isabel Versiani; Editing by Andrew Heavens)
