Wednesday, August 22, 2012

Reuters: US Dollar Report: Brazil inflation rises 0.39 pct in month to mid-August

Reuters: US Dollar Report
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Brazil inflation rises 0.39 pct in month to mid-August
Aug 22nd 2012, 12:05

SAO PAULO | Wed Aug 22, 2012 8:05am EDT

SAO PAULO Aug 22 (Reuters) - Brazil's benchmark IPCA inflation index rose 0.39 percent in the month to mid-August, slightly above the median of analysts' forecasts, government statistics agency IBGE said on Wednesday.

In the month to mid-July, the index rose 0.33 percent.

The index had been expected to rise 0.36 percent in the month to mid-August, according to the median forecast of 21 economists surveyed by Reuters. Estimates for the IPCA increase ranged from 0.31 percent to 0.43 percent.

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