Back

LatinNews Daily - 10 September 2021

In brief: Brazil’s inflation approaches double digits

* Brazil’s national statistics institute (Ibge) has released the latest figures for the consumer price index (IPCA), which show that monthly inflation stood at 0.87% in August. Although a slight slowdown from the 0.96% inflation recorded for July, this is the highest inflation figure for the month of August in over two decades. It brings annual inflation in August to 9.68%, up from 8.99% in July. Monthly inflation in August was driven by an increase in prices in the food & drink (1.39%) and transport (1.46%) sectors in particular.

End of preview - This article contains approximately 93 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.