Inflation Spikes to 0.86 Percent in October, Highest for Month Since 2002

The IPCA has recorded a 2.22 percent increase In the year to date, and 3.92 percent over the past 12 months. The October increase was driven by foods such as rice (13.36 percent) and soybean oil (17.44 percent), and by airline tickets (39.83 percent).

RIO DE JANEIRO, BRAZIL - Driven by the hike in food prices and airline tickets, the National Broad Consumer Price Index (IPCA), considered the country's official

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