Brazilian inflation falls below 5% in May for the first time since September 2010

Wednesday, June 6th 2012 - 18:48 UTC

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Brazil’s inflation rate fell more than economists expected in May, pushing the annual pace below 5% for the first time since September 2010. Monthly inflation slowed to 0.36% from 0.64% in April. Read full article

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ChrisR
The recent announcements on short-term support for auto-makers and the increased losses that will follow making banks loan to losers have yet to figure and will not do so until the figures for the month of September.

Then we will see.
Jun 06th, 2012 - 09:03 pm - Link - Report abuse 0
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