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Brazil inflation rises 1.25% in October, reaching 10.67% in 12 months -IBGE

RIO DE JANEIRO, BRAZIL - The National Wide Consumer Price Index (IPCA), considered the country's official inflation rate, rose 1.25% in October, after a high of 1.16% in the previous month, the Brazilian Institute of Geography and Statistics (IBGE) reported Wednesday.

According to the IBGE, the result was the highest variation for October since 2002. In the 12 months ending in October, the IPCA had a high of 10.67% against a high of 10.25% a month earlier.

All of the nine groups of products and services surveyed rose in October. The most significant impact (0.55 . . .

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