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MercoPress, en Español

Montevideo, April 19th 2024 - 21:14 UTC

Tag: BraziI PC

  • Monday, May 11th 2015 - 10:11 UTC

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

    The 12-month IPCA was up 8.17% through April--higher than 8.13% in March--remaining well above the central bank's 6.5% ceiling.

    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.