March Inflation in Brazil is the Highest in 4 Years

According to the IBGE, March's inflation of 0.75 percent was strongly influenced by a surge in transportation prices and food and beverage prices.

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil's Consumer Price Index (IPCA) increased by 0.75 percent in March, according to a report released yesterday by the Brazilian Statistics and Geography Institute (IBGE). The index was higher than that of the previous month (February) and of March of 2018.

The latest result of the IPCA was the highest for the month of March since 2015. The IPCA, which measures the country's official Subscribe to our Premium Membership Plan. Already Subscribed?