By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – The IPCA (Consumer Price Index) in Brazil rose by 0.54 percent in September, according to the IBGE (Brazilian Statistics Bureau) more than double the inflation rate seen in the month of August (0.22 percent). The inflation rate now accumulates an increase of 7.64 percent for the first nine months of the year, the highest for the period since 2003. The Bureau, however, announced their prediction of registering only single-digit numbers for inflation for the year of 2015.
“The increase in September suffered strong influence from the . . .