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Brazil inflation hits 0.87% in August, the highest for the month since 2000

RIO DE JANEIRO, BRAZIL - Brazil's inflation in August was once again above market expectations. The National Wide Consumer Price Index (IPCA) reached 0.87%, the highest for the month since 2000. In July, the indicator had been 0.96%.

The data, released this Thursday (9/9) by the Brazilian Institute of Geography and Statistics (IBGE), show that in 12 months, inflation has accumulated 9.68%. Compared to August last year, the increase was 0.24%.


Eight of the nine product and service groups experienced price hikes in August, especially transportation. Driven by fuels, the group registered . . .

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