Brazil IPCA-15 Inflation Rises In November

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Thursday, Brazil's statistical office IBGE announced that the composite consumer price index, IPCA - 15 rose 0.44% month-on-month in November, faster than the 0.18% increase in the previous month. Economists' were looking for an increase of 0.33%.

Year-on-year, the composite consumer prices increased 3.79% in November, slower than the 5.79% growth last year.

The IPCA-15 refers to prices collected from October 14 to November 13, comparing them with those collected between September 15 and October 13.

Thursday, Brazil's statistical office IBGE announced that the composite consumer price index, IPCA - 15 rose 0.44% month-on-month in November, faster than the 0.18% increase in the previous month. Economists' were looking for an increase of 0.33%. (Market News Provided by RTTNews)