Brazil Inflation

Brazil

Brazil: Inflation inches up in September

October 5, 2012

In September, consumer prices increased 0.57% over the previous month, which was above the 0.41% rise recorded in August and virtually matched market expectations of a 0.56% price increase. The result mainly reflected higher prices for food and beverages. As a result of the monthly price rise, annual headline inflation inched up from 5.2% in August to 5.3% in September, which remains within the Central Bank's target of 4.5% with a tolerance margin of plus/minus 2.0 percentage points.


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Brazil Inflation September 2012

Note: Annual and monthly var. of IPCA consumer price index in %.
Source: Brazilian Institute of Geography and Statistics (IBGE).


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