By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Today, May 5th, the Getulio Vargas Foundation released the Brazilian inflation index rates showing that the Consumer Price Index - Class 1 (IPC-C1), which measures the change in prices of goods and services, for families with incomes between 1 and 2.5 minimum monthly wages, rose to 0.69 percent in April.

This was an increase from the March index of 0.44 percent for the same class. The IPC-C1 index is higher than the Consumer Price Index - Brazil (IPC-BR), which measures Subscribe to our Premium Membership Plan. Already Subscribed? Login Here