Inflation reaches lowest rate for month since 1994

Inflation reaches lowest rate for month since 1994

Inflation reaches lowest rate for month since 1994

The Broad National Consumer Price Index (IPCA), which measures the country's official inflation, was 0.09% in March.The rate is lower than those observed in February (0.32%) and March 2017 (0.25%).This is the lowest percentage for March since the implementation of the Real Plan in 1994.The IPCA accumulates inflation of 0.70% in the year and 2.68% in 12 months.The data were released today (10), in Rio de Janeiro, by the Brazilian Institute of Geography and Statistics (IBGE).The main drivers of the February-March rate decline were transportation, with deflation (price fall) of 0.25%, and communication (deflation of 0.33%).Expenditures on health and personal care prevented a further fall in the IPCA, as this group of expenses recorded inflation of 0.48% in the month.Other groups with inflation were housing (0.19%), clothing (0.33%), food and beverages (0.07%), education (0.28%), personal expenses (0.05%) and household goods. residence (0...


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