In August, consumer prices added 0.37% over the previous month, which was above the 0.16% increase tallied in July but in line with market expectations. The rise mainly reflected higher food prices, which soared 0.72% month-on-month, contrasting the 0.34% decline in July. As a result, annual headline inflation rose from 6.9% in July to 7.2% in August, the fastest pace in more than six years, and remains above the tolerance margin around the Central Bank's target of 4.5% ( 2.0 percentage points) for a fourth straight month. Despite mounting inflationary pressures, the Central Bank expects inflation to decline to 5.8% by the end of 2011 and to 4.8% by the end of 2012.
Inflation rises to six-year high
September 6, 2011
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Brazil Economic News
October 18, 2016
Retail sales (excluding cars and construction) fell 0.6% in August from the previous month in seasonally-adjusted terms.
October 7, 2016
Consumer prices in September increased 0.08% over the previous month, the lowest rise since July 2014.
October 4, 2016
In August, industrial production plunged 3.8% over the previous month in seasonally-adjusted terms, which significantly contrasted the 0.1% expansion recorded in July and marked the worst result since January 2012.
October 3, 2016
The Markit manufacturing Purchasing Managers’ Index (PMI) rose slightly in September, increasing from August’s 45.7 to 46.0.
September 28, 2016
Business sentiment improved in September, according to the Getulio Vargas Foundation’s (FGV, Fundaçao Getúlio Vargas) business confidence indicator.