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MNI BRIEF: Brazil Inflation 3.93% In March, Lowest In 9 Months

(MNI) BRASILIA

Brazil's IPCA inflation was 0.16% in March, below the 0.25% consensus forecast.

Brazil's IPCA inflation was 0.16% in March, the Brazilian Institute of Geography and Statistics (IBGE) said on Wednesday, announcing a figure that was below the 0.25% consensus forecast.

In annual terms, prices rose by 3.93%, down from 4.50% in February, marking the sixth consecutive monthly deceleration in the 12-month accumulated series and the lowest level since June 2023.

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Brazil's IPCA inflation was 0.16% in March, the Brazilian Institute of Geography and Statistics (IBGE) said on Wednesday, announcing a figure that was below the 0.25% consensus forecast.

In annual terms, prices rose by 3.93%, down from 4.50% in February, marking the sixth consecutive monthly deceleration in the 12-month accumulated series and the lowest level since June 2023.

Keep reading...Show less