February inflation in Brazil at 7.7% is at its highest level since May 2005

Saturday, March 7th 2015 - 07:37 UTC

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Inflation jumped in Brazil on February with price increases hitting an annual rate of 7.7%, the highest in nearly nine years, officials said on Friday. The national statistics institute IBGE said prices rose 1.22% in February, pushing inflation well above the government's target ceiling of 6.5%. Read full article

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ChrisR
It's all going swimmingly, glug, glug (except where there is no water)!

This is what corruption in every level of the government and the monopolies is leading to: A ten year backward step for country.

What justification now to have a permanent seat on the UNSC?

Banana republic more like.

I wonder when the military will take over: when, not if?
Mar 07th, 2015 - 07:45 pm - Link - Report abuse 0
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Jack Bauer
2015 will be the year that a lot of ignorant PT voters will reassess their preferences......I hope they all get drowned in inflation...it's a bloody laugh !!
The military , through several high-ranking Generals (active, as well as retired) have been voicing their opinions publicly , contrary to the PT philosophy....they will be the final guarantee that these damned petistas don't screw the country completely.
Mar 07th, 2015 - 10:59 pm - Link - Report abuse 0
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