Brazil IPCA Surges to 0.88% in March on Fuel and Food Costs

Key Points — Brazil’s official inflation rate (IPCA) accelerated to 0.88% in March, up from 0.70% in February, with the 12-month rate jumping to 4.14%—above the BCB’s 3% target and approaching the 4.5% ceiling. — Gasoline rose 4.59% (the single largest contributor), diesel surged 13.90%, and food at home jumped 1.94%—the sharpest increase since April […] The post Brazil IPCA Surges to 0.88% in March on Fuel and Food Costs appeared first on The Rio Times .

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