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Brazil’s Inflation Decelerates Marginally in October

By Bertrand Delgado and Juan Lorenzo Maldonado


The general inflation index IGP-DI decelerated marginally in October to 1.03% m/m, as lower wholesale prices overweighed the increase in consumer prices. Wholesale prices (60% of the index) eased to 1.32%, with raw materials cooling rapidly as a result of lower corn, iron ore, and poultry meat prices. Final…

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