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Brazil’s 2018 Inflation Affected by Trucker’s Strike in May

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s official inflation for 2018 closed at 3.75 percent for the year, according to the Brazilian Institute of Geography and Statistics (IBGE). According to the entity one of the villains last year was food prices, which were in turn hindered by the nationwide truckers’ strike in May.

"This [truck drivers'] strike occurred in late May, so it had an impact in June on fuels and also on food, because of the shortage. [With no strike], inflation would probably have registered a lower level in the accumulated of the . . .

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