Tag: IPCA consumer price index

• Wednesday, April 12th 2023 - 09:05 UTC

  Brazilian inflation decelerates in March

  

  Brazil's National Wide Consumer Price Index (IPCA), which measures the country's official inflation, reached 0.71% in March, decelerating in relation to February, when it was 0.84%, and reaching the lowest level since January 2021, it was announced Tuesday.

• Thursday, August 9th 2018 - 13:54 UTC

  Brazilian inflation in July slowing down

  

  Inflation in Brazil slowed for the first time in two months in July as the impact of a May nationwide truckers' strike dimmed, reinforcing the view that a recent price spike would not last long.

• Thursday, October 8th 2015 - 12:08 UTC

  Brazil's inflation eases in September but still too close to two digits

  

  Inflation in Brazil has eased for second consecutive month, which takes some pressure of the central bank to hike rates further. The Real has also gained pace last month after the central bank promised to do whatever it takes to stem the Brazilian currency's slide. The Real has strengthened to 3.84 per dollar after touching new all-time high of 4.247 per dollar only a couple of weeks ago.

• Monday, March 11th 2013 - 05:32 UTC

  Brazil to scrap federal taxes on food staples to lower inflation

  

  Brazil announced it will scrap federal taxes on certain food staples and toiletries, the latest in a series of measures to curb prices after a surprise jump in inflation in February triggered alarm bells.

• Saturday, July 7th 2012 - 05:27 UTC

  Brazil June inflation lowest in two years helped with temporary tax breaks

  

  Brazil’s inflation slowed to its lowest in almost two years on temporary tax breaks for autos, paving the way for more interest rate cuts as the government tries to revive economic growth.

• Thursday, March 10th 2011 - 20:16 UTC

  Brazilian markets expect further tightening to bring inflation to target

  

  Brazil's central bank said Thursday it remained cautious about the outlook for prices due to uncertainties in the global economy, and hinted that more than just interest rates may be needed to bring inflation back into line with targets.