Brazil Inflation Picks Up
World Economy

Brazil Inflation Picks Up

Consumer prices rose in Brazil more than 1% in the month to mid-December as food prices soared, increasing the chances the central bank will raise interest rates next year despite a deep recession, Reuters reported. Brazil’s IPCA-15 consumer price index rose 1.18% in the month to mid-December, up from 0.85 the previous month, government statistics agency IBGE said on Friday. The index had been expected to rise 1.11%, according to the median forecast in a Reuters poll. In the 12 months through mid-December, consumer prices jumped 10.71%, the highest since November 2003 and up from 10.28% last month.


Short URL : http://goo.gl/rZdqOl
  1. http://goo.gl/uqfVKU
  • http://goo.gl/q7WtCI
  • http://goo.gl/8FAWPq
  • http://goo.gl/36FPYj
  • http://goo.gl/QZLEcr

You can also read ...

Close to 40% of digital transformation initiatives will be supported by AI capabilities.
The digital economy in Asia-Pacific, or APAC, is expected to...
An electronic stock indicator of a securities firm in Tokyo.
As investors come to terms with the impending end of easy...
Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.
Italy’s economy is growing again, but it’s still the worst...
Maersk is expanding its competitive universe to include different types of companies.
The world’s largest container company will start looking for...
Lloyds Profits Miss Forecasts
Lloyds Banking Group PLC raised its 2017 dividend by 20% and...
NZ Says Pacific Trade Deal Will Boost GDP
New Zealand estimates a Pacific trade deal would boost its...
CBs May Top Inflation Targets
Not only will central banks meet their inflation targets, they...
Pak Current Account Gap Widens
Pakistan’s current account deficit widened 28.74% on a month-...