Friday, July 20, 2012

Reuters: US Dollar Report: Brazil's IPCA price index rises 0.33 pct to mid-July

Reuters: US Dollar Report
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Brazil's IPCA price index rises 0.33 pct to mid-July
Jul 20th 2012, 12:05

SAO PAULO, July 20 | Fri Jul 20, 2012 8:05am EDT

SAO PAULO, July 20 (Reuters) - Brazil's benchmark IPCA inflation index rose 0.33 percent in the month to mid-July, accelerating from the previous reading, government statistics agency IBGE said on Friday.

In the month to mid-June, the index rose 0.18 percent.

The index had also been expected to rise 0.18 percent in the month to mid-July, according to the median forecast of 23 economists surveyed by Reuters. Estimates for the IPCA increase ranged from 0.12 percent to 0.25 percent.

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