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Brazil: Consumer Price Index rises 1.73% in April but remains below market expectations

RIO DE JANEIRO, BRAZIL - The National Wide Consumer Price Index (IPCA-15), Brazil's official inflation indicator, accelerated in April and rose 1.73%, the highest monthly variation since February 2003 (2.19%) and the highest for April since 1995 (1.95%).

The IPCA-15 has accumulated a 4.31% raise this year and 12.03% over 12 months, above the 10.79% accumulated over the 12-month period ended in March, according to . . .

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