RIO DE JANEIRO, BRAZIL - As measured by the Broad National Consumer Price Index (IPCA), Brazil's official inflation stood at 1.16% in September, after 0.87% in August. It is the highest result for the month since 1994 - when the variation was 1.53%, soon after the Real Plan was launched.
The accumulated result over 12 months reached the double-digit mark, with an appreciation of 10.25%. It is the highest rate for a 12 months period since February 2016 (10.36%). The information was released by the Brazilian Institute of Geography and Statistics (IBGE).
The September rate . . .
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