Brazil Inflation Rate Slows to 10-Month Low


Consumer prices in Brazil increased 9.28 percent year-on-year in April of 2016 easing for the third straight month to the lowest since June last year. Energy and electricity cost increased at a slower pace and helped offset an increase in food prices.

Housing prices grew at a slower 7.01 percent (8.41 percent in the previous month), mainly due to a slowdown in electricity cost (prices up 1.72 percent following a 6.35 percent rise in the previous month). Transport inflation also eased (7.98 percent from 8.07 percent) while prices of food and non-alcoholic beverages increased slightly more (13.4 percent from 13.27 percent). 

On a monthly basis, consumer prices went up at a faster 0.61 percent, higher than a 0.43 percent rise in March. Biggest upward pressure came from cost of food and non-alcoholic beverages (up 1.09 percent) and health and personal care (up 2.33 percent), mainly medicines (up 6.26 percent). 

Brazil Inflation Rate Slows to 10-Month Low


Joana Taborda | joana.taborda@tradingeconomics.com
5/6/2016 1:23:19 PM