RIO DE JANEIRO, BRAZIL - The National Wide Consumer Price Index (IPCA), which measures official inflation, recorded a price increase of 1.01% in February this year.
The rate is higher than in January this year (0.54%) and February last year (0.86%). This is the highest rate for February since 2015 (1.25%).
The data were released today (11) by the Brazilian Institute of Geography and Statistics (IBGE).
Thus, the IPCA cumulates an inflation rate of 1.56% in the first two months of the year. Over the next 12 months, the cumulative IPCA has reached 10.54%.
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