Trader consensus on Polymarket prices a 43% implied probability for Brazil's 2026 annual IPCA inflation in the 4.50-4.99% range, reflecting recent upward revisions in the Banco Central do Brasil's Focus survey to 4.17% year-end, driven by oil price surges amid Middle East tensions that offset February's disinflation to 3.81% year-over-year—the lowest since April 2024. This positions adjacent bins at 24.5% (4.00-4.49%) and 21.6% (5.00-5.49%), as energy cost pass-through and fiscal slippage risks hover above the 3% target center (tolerance ±1.5 percentage points). Copom's March 18 Selic cut to 14.75% acknowledged softening pressures, but traders await March IPCA data and the April 29-30 policy meeting for resolution signals.
Resumo experimental gerado por IA com dados do Polymarket · Atualizado4,50-4,99% 43.0%
4,00-4,49% 25%
5,00-5,49% 21.6%
7,00%+ 5.9%
$32,058 Vol.
$32,058 Vol.
<3,00%
<1%
3,00-3,49%
2%
3,50-3,99%
5%
4,00-4,49%
25%
4,50-4,99%
43%
5,00-5,49%
22%
5,50-5,99%
4%
6,00-6,49%
3%
6,50-6,99%
3%
7,00%+
6%
4,50-4,99% 43.0%
4,00-4,49% 25%
5,00-5,49% 21.6%
7,00%+ 5.9%
$32,058 Vol.
$32,058 Vol.
<3,00%
<1%
3,00-3,49%
2%
3,50-3,99%
5%
4,00-4,49%
25%
4,50-4,99%
43%
5,00-5,49%
22%
5,50-5,99%
4%
6,00-6,49%
3%
6,50-6,99%
3%
7,00%+
6%
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
Mercado Aberto: 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 43% implied probability for Brazil's 2026 annual IPCA inflation in the 4.50-4.99% range, reflecting recent upward revisions in the Banco Central do Brasil's Focus survey to 4.17% year-end, driven by oil price surges amid Middle East tensions that offset February's disinflation to 3.81% year-over-year—the lowest since April 2024. This positions adjacent bins at 24.5% (4.00-4.49%) and 21.6% (5.00-5.49%), as energy cost pass-through and fiscal slippage risks hover above the 3% target center (tolerance ±1.5 percentage points). Copom's March 18 Selic cut to 14.75% acknowledged softening pressures, but traders await March IPCA data and the April 29-30 policy meeting for resolution signals.
Resumo experimental gerado por IA com dados do Polymarket · Atualizado
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