RIO DE JANEIRO, BRAZIL - Inflation hasn't slowed down only for the poorest income bracket in December last year, according to the Institute for Applied Economic Research (IPEA).
For the very low income segment, with a household income of less than R$1,800 (US$323), inflation rose from 0.65% to 0.74% from November through December, while for all other levels there was a reduction in the rate of inflation between the two months.
According to IPEA Planning and Research technician Maria Andréia Parente Lameiras, the rise in food prices was the main burden for the poorest . . .