Brazilian Inflation Rate Slows to 6.09% in August


In August of 2013, Brazil’s annual inflation rate eased for the second consecutive month to 6.09 percent, from 6.27 percent recorded in July.

The Central Bank targets inflation at 4.5 percent, plus or minus two percentage points. Inflation a year ago was recorded at 5.24 percent. 

From July to August, prices accelerated 0.24 percent, from 0.03 percent recorded in the previous period. 

Food prices slightly increased 0.1 percent, from a 0.33 percent drop in July. Cost of transport decreased again 0.6 percent and housing prices remained unchanged at 0.57 percent. Cost of education accelerated to 0.67 percent and health prices increased 0.45 percent. 

Brazilian Inflation Rate Slows to 6.09% in August


Joana Taborda | joana.taborda@tradingeconomics.com
9/6/2013 1:25:23 PM