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MercoPress, en Español

Montevideo, April 18th 2024 - 05:40 UTC

Tag: Price inflation

  • Wednesday, March 13th 2019 - 08:12 UTC

    Brazil February consumer prices rose 0.43%, and 3.89% in twelve months

    The central bank expects average inflation this year of 4.25%, and has held its key Selic interest rate at a record low of 6.50% for almost a year.

    Consumer prices in Brazil rose at a slightly faster pace than expected in February due to a rise in private education fees and food and beverage prices, statistics agency IBGE said on Tuesday. On a monthly basis, inflation rose by 0.43% in February, IBGE said, more than the expected 0.39% and up from 0.32% a month earlier.