Brazil's inflation eases in April but still well above central bank's target

Monday, May 11th 2015 - 10:11 UTC

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Brazil's consumer price inflation slowed in April, but not enough to prevent the 12-month rate from remaining well above the central bank's target. The consumer-price index, IPCA, rose 0.71% in April, compared with a rise of 1.32% in March, the Brazilian Institute of Geography and Statistics, or IBGE, said in its latest release. Read full article

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ChrisR
That's the trouble with setting expectations in SA.

The idiots in charge think they at least have to meet it or even pass it!
May 11th, 2015 - 07:52 pm - Link - Report abuse 0
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