Brazil Sept. IPCA Inflation Rises - IBGE

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Thursday, Brazil's statistical office IBGE announced that the National Index of Consumer Price Index or IPCA increased 0.24% month-on-month in September, faster than the 0.15% growth in the previous month. Economists expected an increase of 0.23%.

On an annual basis, the consumer price index rose 4.34% in September, slower than the 4.36% growth in the previous month. Economists were looking for an increase of 4.33%.

Meanwhile, the National Index of Consumer Prices or INPC increased by 0.16% on a monthly basis in September, faster than the 0.08% rise seen in August.

Thursday, Brazil's statistical office IBGE announced that the National Index of Consumer Price Index or IPCA increased 0.24% month-on-month in September, faster than the 0.15% growth in the previous month. Economists expected an increase of 0.23%. (Market News Provided by RTTNews)