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Brazil’s inflation is Latin America’s 3rd highest, behind Argentina and Haiti

RIO DE JANEIRO, BRAZIL - In the 12-month period through July, Brazil's inflation reached 9%, while Argentina's totaled 51.8% and Haiti's 17.9%. The data are part of a study conducted by the Getúlio Vargas Foundation's Brazilian Institute of Economics (IBRE).

The study does not take into account Venezuela's performance. The country is undergoing an economic collapse and presents distorted indicators, which make it impossible to compare it with other economies.

"With uncertainty growing and interest rates at 2% - at the start of the year - no one wanted to stay here. Investors turned . . .

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