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Brazil’s Consumer Price Index IPCA-15 rises 0.53% in November, boosted by food

The National Wide Consumer Price Index 15 (IPCA-15), an index considered to be the country's inflation forecast, rose 0.53% in November after climbing 0.16% in October.

The data were released on Thursday (Nov. 24) by the Brazilian Institute of Geography and Statistics (IBGE).

The indicator accumulates a high of 5.35% in the year and 6.17% in 12 months, below the 6.85% of the 12 months immediately before.

In November 2021, the rate was 1.17%.

All product and service groups surveyed had a positive variation in November, except Communication (0%), which was stable . . .

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