Brazilian inflation slowed sharply in March, official figures showed on Thursday, falling to its lowest for that month in over quarter of a century as the new coronavirus crisis sapped demand for household goods and transport.
Brazilian inflation rose more than expected in February, official figures showed on Wednesday, although the monthly increase was still the lowest for any February in 20 years.
The Brazilian central bank on Tuesday forecast that inflation is likely to peak in the second quarter of 2019 before easing towards its target, adding that underlying inflation was at “appropriate” levels.