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August IPCA Inflation Beats Estimates Once More

BRAZIL
  • Another large monthly print brings 12-month inflation to the highest since February 2016 with the majority of analysts expecting this to be the peak.
  • *BRAZIL AUG. CONSUMER PRICES RISE 9.68% Y/Y; EST 9.50% (BBG)
  • *BRAZIL AUG. CONSUMER PRICES RISE 0.87% M/M; EST 0.71% (BBG)

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