Inflation accelerates in March and accumulates 6.1% in 12 months

Since mid-last year, high prices have been part of Brazilians' routine. Despite a small slowdown in January, the IPCA, the official inflation index, rose again in February and accelerated further in March.

RIO DE JANEIRO, BRAZIL - According to data released by the Brazilian Institute of Geography and Statistics (IBGE), this Friday, April 9th, inflation for the month closed at 0.93%, the highest rate for the month since 2015.

In February, the IPCA stood at 0.86%. The readjustments in fuel and cooking gas in the first months of the year reflected the consumer's impact and, consequently, in the acceleration of the indicator.

"Successive readjustments were applied in gasoline and diesel prices at the refineries between February and March, and this ended up impacting the sales prices for the final consumer . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?