Brazil's inflation outlook rises to 3%, spiked by food prices, Focus survey

Wednesday, October 28th 2020 - 08:41 UTC

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Brazil's 2020 inflation outlook rose to 3%, a central bank survey showed on Monday, the 11th week in a row it has risen as a recent spike in food prices continues to intensify short-term inflation pressures. Read full article

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FortHay
Still, this rate is far below the spikes above 10% in 2004 and 2016, much less the hyperinflation of the 1990's. For the average consumer, staying ahead of inflation with reserves is possible at a rate of return above 6% in a tax free poupança.
Oct 28th, 2020 - 04:48 pm - Link - Report abuse 0
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