Brazil consumer prices rise 0.32% in mid-October
SPY•Brazil’s IPCA-15 consumer price index rose 0.32% in the month to mid-October, down from 0.70% the previous month and below the 0.43% forecast. Prices rose 4.62% over 12 months, up from 4.47% but below economists’ 4.73% forecast.
1. Inflation figures
Brazil’s IPCA-15 consumer price index rose 0.32% in the month to mid-October, compared with 0.70% in the previous month. Economists had expected a 0.43% increase.
2. Annual price growth
Consumer prices rose 4.62% in the 12 months through mid-October, up from 4.47% in the previous month and below the 4.73% forecast.
