Wednesday, May 8, 2013

Reuters: US Dollar Report: Brazil annual inflation returns to target range in April

Reuters: US Dollar Report
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Brazil annual inflation returns to target range in April
May 8th 2013, 12:06

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Wed May 8, 2013 8:06am EDT

  SAO PAULO, May 8 (Reuters) - Brazil's benchmark IPCA  consumer price index rose 6.49 percent in the 12  months through April, slowing from the previous month to just  beneath the government's target ceiling of 6.5 percent,  statistics agency IBGE said on Wednesday.      Consumer prices rose 0.55 percent in April from March,  accelerating from a gain of 0.47 percent in the previous month.  The increase was above the median forecast for a rise of 0.47  percent in a Reuters poll.       Below is the result for each price category:                                                 March       April   - Food and beverages                1.14        0.96                                                - Housing                           0.51        0.62                                                - Household articles                0.11        0.63                                                - Apparel                           0.15        0.65                                                - Transport                        -0.09       -0.19                                                - Health and personal care          0.32        1.28                                                - Personal expenses                 0.54        0.61                                                - Education                         0.56        0.10                                                - Communication                     0.13       -0.32                                                                                                       - IPCA                              0.47        0.55  
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