Trader consensus on Polymarket prices a 45.1% implied probability for Brazil's 2026 annual IPCA inflation in the 4.50-4.99% band, reflecting persistent upside risks from recent developments outpacing economist medians. The BCB's latest Focus survey, released March 30, lifted year-end 2026 forecasts to 4.31%—the third straight weekly rise—after mid-March IPCA-15 printed 0.44% month-over-month, beating estimates amid surging airfares and food prices. Middle East tensions, including the Iran conflict, have spiked global oil prices, amplifying energy pass-through effects, while the BCB's Trimestral Inflation Report raised the probability of breaching the 4.5% target ceiling to 30%. Copom's cautious 25 basis-point Selic cut to 14.75% underscores vigilance; full March IPCA data due early April could further shape expectations.
Résumé expérimental généré par IA à partir des données Polymarket · Mis à jour4,50-4,99 % 45.4%
5,00-5,49 % 23.8%
4,00-4,49 % 21%
5,50-5,99 % 6.7%
$31,565 Vol.
$31,565 Vol.
<3,00 %
<1%
3,00-3,49 %
1%
3,50-3,99 %
3%
4,00-4,49 %
21%
4,50-4,99 %
45%
5,00-5,49 %
24%
5,50-5,99 %
7%
6,00-6,49 %
6%
6,50-6,99 %
2%
7,00 %+
3%
4,50-4,99 % 45.4%
5,00-5,49 % 23.8%
4,00-4,49 % 21%
5,50-5,99 % 6.7%
$31,565 Vol.
$31,565 Vol.
<3,00 %
<1%
3,00-3,49 %
1%
3,50-3,99 %
3%
4,00-4,49 %
21%
4,50-4,99 %
45%
5,00-5,49 %
24%
5,50-5,99 %
7%
6,00-6,49 %
6%
6,50-6,99 %
2%
7,00 %+
3%
This market will resolve according to the percentage change in the Extended National Consumer Price Index (IPCA) during the 12-month period ending December 2026 according to the monthly IBGE report.
The resolution source for this market will be the IBGE Extended National Consumer Price Index monthly report released for December 2026, currently scheduled to be released on January 12, 2027. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.
You can find the relevant figure by locating the report for December 2026 on the Press Releases page (https://agenciadenoticias.ibge.gov.br/en/agencia-press-room.html), locating the Period-Rate table and finding the IPCA growth rate figure in the column labeled "Rate" and the Row labeled “Cumulative in the year / 12 Months”. Changes in the IBGE’s reporting format will not disqualify a published relevant figure from counting.
Note: the resolution source for this market will be the official monthly IBGE IPCA news release which reports inflation during 12-month periods to two decimal points (e.g. 4.26%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://www.ibge.gov.br/en/calendar.html
Marché ouvert : Jan 23, 2026, 10:35 AM ET
Resolver
0x2F5e3684c...This market will resolve according to the percentage change in the Extended National Consumer Price Index (IPCA) during the 12-month period ending December 2026 according to the monthly IBGE report.
The resolution source for this market will be the IBGE Extended National Consumer Price Index monthly report released for December 2026, currently scheduled to be released on January 12, 2027. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.
You can find the relevant figure by locating the report for December 2026 on the Press Releases page (https://agenciadenoticias.ibge.gov.br/en/agencia-press-room.html), locating the Period-Rate table and finding the IPCA growth rate figure in the column labeled "Rate" and the Row labeled “Cumulative in the year / 12 Months”. Changes in the IBGE’s reporting format will not disqualify a published relevant figure from counting.
Note: the resolution source for this market will be the official monthly IBGE IPCA news release which reports inflation during 12-month periods to two decimal points (e.g. 4.26%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://www.ibge.gov.br/en/calendar.html
Resolver
0x2F5e3684c...Trader consensus on Polymarket prices a 45.1% implied probability for Brazil's 2026 annual IPCA inflation in the 4.50-4.99% band, reflecting persistent upside risks from recent developments outpacing economist medians. The BCB's latest Focus survey, released March 30, lifted year-end 2026 forecasts to 4.31%—the third straight weekly rise—after mid-March IPCA-15 printed 0.44% month-over-month, beating estimates amid surging airfares and food prices. Middle East tensions, including the Iran conflict, have spiked global oil prices, amplifying energy pass-through effects, while the BCB's Trimestral Inflation Report raised the probability of breaching the 4.5% target ceiling to 30%. Copom's cautious 25 basis-point Selic cut to 14.75% underscores vigilance; full March IPCA data due early April could further shape expectations.
Résumé expérimental généré par IA à partir des données Polymarket · Mis à jour
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