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Brazil Inflation Eases To 4.26%, Lowest In 16 Months

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

Brazil's consumer price inflation moderated further in December to the lowest level in nearly one-and-a-half years, figures from the Brazilian Institute of Geography and Statistics, or IBGE, showed on Friday.

The consumer price index climbed 4.26 percent year-over-year in December, slower than the 4.46 percent rise in November. Economists had expected inflation to ease to 4.30 percent.

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