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Brazil inflation surges as drought bites

by rajtamil
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US consumer inflation eases more than expected to 2.5% in August: official data

Inflation in Brazil climbed to 4.42 percent year-on-year in September as a severe drought in Latin America’s biggest economy caused food and fuel prices to soar, official figures showed Wednesday. The monthly increase of 0.44 percent in the consumer price index is the biggest for the month of September in three years, the Brazilian Institute […]

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