Inflation Increases Less in October Due to Food, Transport

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The consumer prices (IPCA) in Brazil rose by 0.42 percent in October according to the IBGE (Brazilian Statistics Bureau). The rate is less than that registered in September and October of 2013, when both registered an inflation rate of 0.57 percent.

According to Eulina Nunes dos Santos, coordinator of the index at the IBGE, “The main groups which registered a price slowdown in comparison to the previous month are the groups which have the greatest effect on consumers’ lives: food and transport.”

Santos said that although the food . . .

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