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Oct 20, 2014
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Oct 8, 2014

Brazil inflation highest in nearly 3 years ahead of election

BRASILIA/RIO DE JANEIRO, Oct 8 (Reuters) – Brazil’s annual
inflation rate in September shot way above an official target to
its highest in nearly three years, the latest economic blow for
President Dilma Rousseff who is locked in a tight race for
re-election against market-favorite Aecio Neves.

Consumer prices rose a faster-than-expected
6.75 percent in the 12 months through September, the quickest
pace since October 2011, government data showed on Wednesday.

Oct 8, 2014

Brazil’s inflation climbs to highest since 2011 ahead of election

BRASILIA (Reuters) – Brazil’s annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff.

Consumer prices BRCPIY=ECI rose a faster-than-expected 6.75 percent in the 12 months through September, the quickest pace since October 2011, data showed on Wednesday.

Oct 7, 2014
Oct 7, 2014
    • About Silvio

      "Silvio Cascione is a Reuters economics correspondent in Brasilia, covering through market polls and economic data the sharp slowdown of Brazil's economy over the past few years. He also leads polling across Latin America on several issues such as regional growth prospects, inflation, and foreign exchange rates."
      Joined Reuters:
      2007
      Languages:
      Portuguese, English, Spanish
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