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Brazil’s Feb inflation tops estimates to highest monthly figure in a year

By Inquirer - 8 months ago
SAO PAULO — Brazil’s consumer prices rose slightly more than expected in February, reaching the highest monthly figure in one year driven by increased education prices, government statistics agency IBGE said on Tuesday. Inflation, measured by the IPCA index, was at 0.83 percent last month compared with January, while economists polled by Reuters expected 0.78 percent. Education prices rose 4.98 percent in the

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