By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL - The IPCA (Consumer Price Index) for the month of February registered an increase of 1.22 percent, according to the IBGE (Brazilian Statistics Bureau). This is the highest rate for the month since February of 2005. In January the IPCA index registered an increase of 1.24 percent.
In the last twelve months inflation has increased by 7.70 percent, the highest rate for a twelve-month period since May of 2005. In the first two months of 2015 the inflation rate was already at 2.48 percent.
The fuel . . .