Meat Prices Pressure Inflation Index Increase in Brazil

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Consumer Price Index (IPCA) in Brazil rose by 0.51 percent in November according to the IBGE (Brazilian Statistics Bureau). The rate is higher than that registered in October (0.42 percent) but lower than in November of 2013 (0.54 percent).

Meat prices increased for the third consecutive time in November, by 3.46 percent, and was the main factor to contribute to the increase in the index, according to Eulina Nunes dos Santos, coordinator of the index at the IBGE, “During the entire year the meat segment . . .

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