Brazil Annual Inflation Down To 6.49% In April


In Brazil, the inflation rate slowed slightly to 6.49 percent in April, after surpassing the 6.5 percent ceiling of the official target range in the previous month.

Year on year, food prices grew 5.7 percent. The highest increases were registerted for: tomatoes (149.7 percent); potatoes (123.5 percent); black beans (33.7 percent); white beans (22.9 percent) and vegetables (27.6 percent). 
 
Among non food products the highest price increases were registered for domestic servants (11.3 percent); rent (10.3 percent) and medical and dental services (9.7 percent). On the other hand, electricity cost declined 16.2 percent and airplain tickets dropped 13 percent.
 
On a month-on-month basis, the index changed 0.55 percent in April and stood 0.08 percentage points above the rate of 0.47 percent registered in March. Including April’s figure, the cumulative index in the year stayed at 2.50 percent, above the rate of 1.87 percent relative to the same period of 2012.
 
 
 
 
 

IBGE | Duarte Ricardo | duarte.ricardo@tradingeconomics.com
5/8/2013 2:37:51 PM