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MNI BRIEF: Brazil Inflation A Sliver Higher Than Consensus

(MNI) BRASILIA

In annual terms, IPCA inflation was 4.50% in February, barely changed from 4.51% in January.

Brazil's IPCA inflation was 0.83% in February, the Brazilian Institute of Geography and Statistics (IBGE) said on Tuesday, announcing a figure that was slightly higher than the 0.79% consensus forecast.

In annual terms, prices rose 4.50%, from 4.51% in January, by a sliver the fifth consecutive monthly deceleration in the annual series.

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Brazil's IPCA inflation was 0.83% in February, the Brazilian Institute of Geography and Statistics (IBGE) said on Tuesday, announcing a figure that was slightly higher than the 0.79% consensus forecast.

In annual terms, prices rose 4.50%, from 4.51% in January, by a sliver the fifth consecutive monthly deceleration in the annual series.

Keep reading...Show less