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Inflation in Brazil edges up in February to an annualized 5.68%

Thursday, March 13th 2014 - 23:16 UTC
Full article 3 comments

Inflation edged up in Brazil in February to hit an annualized rate of 5.68%, following a 0.69% monthly rise in February, national statistical office IBGE said Wednesday. Read full article

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  • Jack Bauer

    Sure, as they say here “ Me engana que eu gosto” (translation : kid me because I like it). They never report the REAL numbers, definitely higher....just look at the supermarket bill week after week, take a look at your insurance premiums, the price of gasoline, you name it....5.91% my ass !!
    Quite frankly, the higher their “key interest rate” , or their “prime rate”, known as the SELIC, the better...Investments get better returns, and maybe the poorer classes will wake up and stop supporting this self-serving, corrupt government.

    Mar 14th, 2014 - 04:23 pm - Link - Report abuse 0
  • Brasileiro

    Inflation is calculated taking into account an average of price developments. Not the “price”. And more....“Me engana que eu gosto” is something of northeastern from Bahia!
    The lower classes in Brazil use ignorant forms of communication, where the translation is impossible.
    Or you're poor, or you already live a long time in Brazil.
    Maybe GeoffWard in devil skin.
    I dont know.........i like this!!

    Mar 14th, 2014 - 09:52 pm - Link - Report abuse 0
  • Jack Bauer

    Inflation does not take into account ONLY the average prices of certain, pre-determined goods, or services, over a period, but money printed by the government to cover it's excess spending....
    “Me engana que eu gosto” is NOT an expression exclusive to Bahia or the northeast....it is widely used all over Brazil, by people who can see through the lies perpetrated by the government.
    The lower classes in Brazil use the forms of communication they are able to....but I don't see what the hell this has to do with the present discussion - other than you are implying that they are NOT informed, or they are MISINFORMED, which is probably more correct.

    “Or you're poor, or you already live a long time in Brazil”....I am not poor, and I've lived in Brazil probably longer than you have been alive.... I am not GeoffWard.
    You don't know much of anything.....and you like it...good for you, birdbrain.

    Mar 15th, 2014 - 07:53 pm - Link - Report abuse 0

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