Minister of Finance states that the composition of the index can be improved and declares that he would not change the 3% target
The Minister of Finance, Dario Durigan, stated this Monday (June 15, 2026) that the inflation calculation can be improved to reflect changes in the population’s consumption habits. According to him, the index currently used may not accurately capture the growing weight of digital services, such as streaming subscriptions and cloud computing.
The statements were made in an interview with . Durigan said he has a good opinion of discussions about possible methodological changes to the index, as long as they are conducted with technical criteria and aim to improve the measurement of inflation.
“The composition of inflation has a lag. Our model gives weight to things that today no longer have the weight they had previously. And things like streaming subscriptions and cloud services weigh much more than something that was in the methodology decades ago. The world has changed”he declared.
The minister said that changes of this type should not be seen negatively: “I see it with good eyes. I don’t see change, it’s not bad. As long as it’s well intentioned”.
Durigan also declared support for possible improvements in the Focus Bulletin, a weekly survey by the Central Bank with market projections for inflation, interest rates and economic growth.
According to him, the dissemination of more information and the inclusion of new indicators can strengthen the country’s institutionality, as long as the changes are carried out by the BC itself and by the institutions participating in the research.
“If there is a finding today that Focus can improve in the sense of providing more data, more transparency, possibly including other indices, I think it is important that we move towards this”he stated.
Despite defending discussions on the index methodology, the minister said he would not change the continuous inflation target, currently set at 3%.
Durigan also declared that there is room to improve coordination between fiscal and monetary policy, but stated that his commitment is to strengthen the fiscal framework: “Fiscal policy has an impact on monetary policy and my role is to make the best fiscal policy possible for the country”.
