Brazilian inflation during April just managed to keep to the government’s target

Wednesday, May 8th 2013 - 16:57 UTC

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Inflation in Brazil during April climbed 0.55% over March (0.47%) and accumulated 6.49% in the last twelve months which is just below the government’s upper limit target of 4.5% to 6.5%, according to the latest release from the country’s Geography and Statistics National Institute, IBGE. Read full article

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cornelius
In a control economy with no competition from abroad with easy money for social causes and not being productive inflation is what tax the poor and any income gain is deluded.
May 08th, 2013 - 07:18 pm - Link - Report abuse 0
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