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IPCA: Brazil’s inflation ends the year up 10.06%; sharpest increase since 2015

RIO DE JANEIRO, BRAZIL - The IPCA, the primary metric of Brazilian inflation, closed the year at a high of 10.06%. Prices should rise less in 2022, but weak economic activity remains a concern.

The Consumer Price Index (IPCA), the primary metric of Brazilian inflation, ended 2021 with a high of 0.73% in December, reinforcing the deceleration trend in price increases.

In the year, the IPCA ended with an accumulated high of 10.06% in 12 months, according to the IBGE.

The index in December was below that measured in November, when the IPCA rose 0.95%, already below . . .

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