The Brazilian Institute of Geography and Statistics (IBGE) confirmed that retail prices in Brazil registered an increase of only 0.52% during the month of December, in line with market forecasts and projections made by the Central Bank.
Brazil has regained stability and is on a disinflation path. The monthly inflation rate averaged only 0.02% during the second half of the year, while an average increase of 0.9% had been observed in the first . . .
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