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Brazil Inflation September 2018

Brazil: Inflation rises in September

Consumer prices rose 0.48% in September over the previous month, contrasting August’s 0.09% fall. Higher prices for transportation drove the increase.

Inflation rose to 4.5% in September from 4.2% in August, which marked the highest reading since March 2017. Inflation is within the Central Bank’s target of 4.5% plus or minus 1.5 percentage points. Annual average inflation rose from 3.1% in August to 3.3% in September.

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