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Latinnews Daily - 11 December 2017

In brief: Brazil

* The consumer price index (IPCA) rose by 2.8% in the 12-months through to November, according to Brazil's national statistics agency (IBGE). The IPCA price index rose 0.28% compared to the previous month, which is less than analysts had expected. This means that Brazil is now “almost certain” to finish 2017 with inflation below the official target of 4.5% (with a +/- 1.5% margin), said Professor Luiz Roberto Cunha in an interview with economics columnist for O Globo, Míriam Leitão.

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