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Brazil IPCA-15 Inflation Rises In November

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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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.

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