Mar 21, 2011
| Last Updated
RGE expects the IPCA headline inflation to increase by 0.5% m/m in mid-March—having risen 0.97% m/m in mid-February—pushing the yearly headline inflation reading down to 6.02% from 6.08%. Education prices should decrease significantly in mid-March due to the end of seasonal factors, while transportation costs and personal expenditures should also decelerate. Food prices might continue to show softer growth rates compared to the end of 2010 and the beginning of the year. Core prices might also reflect slower growth on a monthly basis—reflecting softer inflation in the education[...]
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