Brazil’s inflation still at 6.5% upper; Central bank determined to contain prices

Friday, June 7th 2013 - 23:45 UTC

Full article 2 comments

Consumer prices edged up 0.3% in Brazil last month, fuelled by higher medicine, clothing and housing prices, with 12-month inflation at 6.5%, the state statistics agency said on Friday. The May increase, in line with market analysts' forecasts, was lower than the 0.5% recorded in April and the lowest since June 2012. Read full article

Comments

Disclaimer & comment rules

ChrisR
Short term decisions because of an upcoming election are always the problem to long term actions designed to fix the difficulties properly.

Dilma is like a young child at her first party. She doesn't know who to speak to or which chair to sit on and ends up not enjoying it. The trouble is she is running one of the biggest countries on the planet.
Jun 09th, 2013 - 12:38 pm - Link - Report abuse 0
-+
The dude
What? Inflation is caused by money supply? Somebody should tell CFK and Maduro who still insist it's caused by the greedy bourgeois shopkeepers.
Jun 11th, 2013 - 10:55 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!