Brazil Inflation Slowest in Nine Months Amid Rate Increases
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Brazil’s inflation rate fell to the lowest in nine months, as the central bank signals it will extend the world’s biggest cycle of interest-rate increases.
Prices as measured by the benchmark IPCA index rose 0.24 percent last month, the national statistics agency said, in line with the median forecast of 0.25 percent from 40 analysts surveyed by Bloomberg. The annual rate fell to 6.09 percent, the slowest since December.