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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil’s IPCA (Consumer Price Index) for the month of December 2014 registered a variation of 0.78 percent, according to data released by the IBGE (Brazilian Statistics Institute) on Friday, January 9th. The rate was above the increase registered in November 2014, which was of 0.51 percent, but lower than in December 2013 with a rate of 0.92 percent. With the result for the last month of Subscribe to our Premium Membership Plan. Already Subscribed?