Brazil says inflation in October peaked and should begin to ease

Thursday, November 8th 2012 - 07:08 UTC

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Brazilian Finance Minister Guido Mantega said on Wednesday that inflation has peaked and indicators are pointing to a retreat to a lower level. Consumer prices rose in October at their fastest pace since April due to higher food prices, government data showed, though a measure of wholesale costs suggested relief should arrive in coming months Read full article

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British_Kirchnerist
Good news =)
Nov 08th, 2012 - 07:07 pm - Link - Report abuse 0
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Brit Bob
Not like Argieland.

Indec inflation = 9%

Real inflation = 25%

Only in the Banana Republic
Nov 08th, 2012 - 08:55 pm - Link - Report abuse 0
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British_Kirchnerist
#2 Problems in Brazil were one of the main causes of Argentina's economic troubles (less extreme than the haters say, but real nontheless) so this is good news for Cristina too =)
Nov 08th, 2012 - 11:10 pm - Link - Report abuse 0
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