Brazil official inflation sinks to 0.47% in May

Brazil’s National Broad Consumer Price Index (IPCA), which gauges the country’s official inflation, stood at 0.47 percent in May, below April’s 1.06 percent and the 0.83 percent seen in May last year, as per data released today (Jun 9) by statistics agency IBGE. The result brings the rate up to 4.78 percent year to date. […]

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