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Economic indicators

IBGE IPCA accelerates to 0.24% in September

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 
 



September inflation measured by the Consumer Price Index (IPCA) rose to 0.24%, according to the Brazilian Institute of Geography and Statistics (IBGE), which is that raising prices. In August, the IPCA inflation was 0.15%. With the result, the IPCA accumulated a high of 3.21% in the year and 4.34% in the 12 months ended last month. The index includes the price change for families with monthly incomes of 1 to 40 times minimum, residents in major urban areas of the country

The IPCA is also the official index used by the Central Bank to comply with the regime of inflation targets as determined by the National Monetary Council (CMN). The center of the inflation target for 2009 was set at 4.5%, with allowance of two percentage points up or down.




Source: State Agency

This article was translated by an automatic translation system, and was therefore not reviewed by people.

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