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Inflation Increases in August Due to Air Travel, Housing: Daily

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The inflation rate in Brazil, according to the IBGE (Brazilian Statistics Bureau) rose again in August, after registering its lowest rate in almost four years in July. The IPCA (Consumer Price Index) registered an increase from 0.1 percent in July to 0.25 percent in August. In August of 2013 the IPCA rate was of 0.24 percent.

According to Eulina Nunes dos Santos, coordinator of the index at the IBGE, the transportation group was the segment which accelerated the most between July and August, going from a decline . . .

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