RIO DE JANEIRO, BRAZIL - The 12-month increase in the cost of living stood at 52.1%, a figure that once again confirms that the South American country is experiencing one of the world's highest inflation rates.
The cost of living is soaring again despite the fact that the government has implemented a price freeze on some 1,000 products through partial and temporary agreements with companies, in an attempt to contain inflationary pressure.
The index was released 4 days before the mid-term legislative elections for Congress, in which the ruling party, an alliance of center-left sectors . . .
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