Friday, September 6, 2013

Reuters: US Dollar Report: Brazil's inflation eases to 6.09 pct in 12 months through August

Reuters: US Dollar Report
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Brazil's inflation eases to 6.09 pct in 12 months through August
Sep 6th 2013, 12:05

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Fri Sep 6, 2013 8:05am EDT

  SAO PAULO, Sept 6 (Reuters) - Brazil's benchmark IPCA  consumer price index rose 6.09 percent in the 12  months through August, down from 6.27 percent in the prior month  and in line with market expectations, government statistics  agency IBGE said on Friday.      The central bank targets inflation at 4.5 percent, with a  tolerance margin of 2 percentage points.       On a monthly basis, the IPCA index rose 0.24  percent, compared with market expectations for a rise of 0.25  percent, according to the median forecast of 29 economists.       Below is the result for each price category:                                           August     July   - Food and beverages           0.01    -0.33                                           - Housing                      0.57     0.57                                           - Household articles           0.89     0.28                                           - Apparel                      0.08    -0.39                                           - Transport                   -0.06    -0.66                                           - Health and personal care     0.45     0.34                                           - Personal expenses            0.39     1.13                                           - Education                    0.67     0.11                                           - Communication                0.02     0.20                                                                                          - IPCA                         0.24     0.03  
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