Inflation picks up in July in Brazil and reaches 4.50% annually

Inflation picks up in July in Brazil and reaches 4.50% annually

Rio de Janeiro. Inflation in Brazil rose 0.38 percent in July and reached 4.50 percent in 12 months, official data showed on Friday in Latin America’s largest economy. Prices had risen by 0.21 percent in June and the annual figure had reached 3.93 percent, according to the official statistics institute, IBGE. The rise in transport … Read more