Brazil mid-December inflation slows but ends year above target
BRASILIA (Reuters) – Brazil’s consumer prices rose less than expected in the month to mid-December, government statistics agency IBGE said on Friday, an outcome insufficient, however, to lead economists to foresee a better outlook for inflation. Annual inflation reached 4.71% in mid-December, exceeding the target of 3% set with a tolerance range of 1.5 percentage …
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