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Brazil Inflation September 2019

Brazil: Inflation drops in September

Consumer prices fell 0.04% in September over the previous month, contrasting August’s 0.11%. The result marked the largest fall seen in September since 1998. The drop was driven by falling prices for food and beverages, and household items.

Inflation fell to 2.9% in September, down from August’s 3.4% and marking the lowest reading since May 2018. Inflation lies below the Central Bank’s target of 4.25% for the end of 2019.

Accordingly, annual average inflation, fell to 3.9% in September from August’s 4.1%.

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