SAO PAULO, March 22 | Thu Mar 22, 2012 8:03am EDT
SAO PAULO, March 22 (Reuters) - Brazil's benchmark IPCA-15 inflation index rose 0.25 percent in the month to mid-March, significantly less than expected, government statistics agency IBGE said on Thursday.
The index had been expected to rise 0.38 percent in the month to mid-March, according to the median forecast of 17 economists surveyed by Reuters. Estimates for the IPCA-15 increase ranged from 0.32 percent to 0.43 percent.
In the month to mid-February, the index rose 0.53 percent.
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