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Tag: food prices

RIO DE JANEIRO, BRAZIL - Brazil's central bank weekly FOCUS survey of some 100 economists and financial institutions indicated that the outlook for inflation in the country rose for the fifth consecutive week, and is getting closer to the...
RIO DE JANEIRO, BRAZIL - Driven by the hike in food prices and airline tickets, the National Broad Consumer Price Index (IPCA), considered the country's official inflation for many contracts, including residential leases, rose by 0.86 percent in October, above...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s official inflation for 2018 closed at 3.75 percent for the year, according to the Brazilian Institute of Geography and Statistics (IBGE). According to the entity one of the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – For the first time in four years, Brazil's Central Bank Monetary Policy Committee (Copom) reduced the country’s benchmark interest rate (Selic). The reduction of 0.25 percentage points to fourteen percent...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The IPCA (Consumer Price Index) in Brazil rose by 0.74 percent in May, according to the IBGE (Brazilian Statistics Bureau) registering a slightly higher inflation than that registered in April...
By Ruth Faulkner, Contributing Reporter RIO DE JANEIRO, BRAZIL – Food basics were found to be more expensive in seventeen out of eighteen state capital cities in Brazil, including Rio de Janeiro, in a recent survey by the Department of...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – The president of Brazil's Central Bank, Alexandre Tombini, said that he is not surprised by the sharp rise in food prices reported from February to March this year, and...
By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian breakfasts are taking bigger bites out of consumers' wallets, as recent research conducted by the Getúlio Vargas Foundation (FGV) for O Globo shows that prices for items that...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – Inflation in Brazil is showing signs of slowing down this July, growing by only 0.24 percent after months of registering steady price hikes. This marks a decrease from last month's...

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