Brazil’s policy makers have blamed the fastest inflation in roughly 12 years on a weaker currency and higher government-administered prices such as electricity. Economists don’t think it’s so simple.Price increases that exceed the 4.5 percent target are widespread. Six of the nine product groups tracked by the national statistics agency still have annual inflation running above eight percent, including items as diverse as education, health care and food and beverage. In the 12 months to September, the overall consumer price index rose 9.49 percent.
Brazil Energy Insight 
Leave a comment