Wednesday, October 30, 2013

Reuters: US Dollar Report: Brazil IGP-M inflation slows to 0.86 percent advance in October

Reuters: US Dollar Report
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Brazil IGP-M inflation slows to 0.86 percent advance in October
Oct 30th 2013, 10:38

RIO DE JANEIRO | Wed Oct 30, 2013 6:38am EDT

RIO DE JANEIRO Oct 30 (Reuters) - Brazil's broadest price index, the IGP-M, rose 0.86 percent in October, slowing sharply from its 1.5 percent rise in September, the Getulio Vargas Foundation said on Wednesday.

Economists expected the index to rise 0.92 percent in October, according to a Reuters survey.

In the 12 months through October, the IGP-M index rose 5.27 percent.

The IGP-M index measures wholesale, consumer and construction prices.

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