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08.08.2014 14:10:49
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Brazil Inflation Unexpectedly Eases In July
(RTTNews) - Brazil's consumer price inflation unexpectedly slowed in July, figures from the statistical office IBGE showed Friday.
The consumer price index rose 6.50 percent year-on-year, after climbing 6.52 percent in June. Economists had expected the inflation figure to quicken to 6.60 percent.
Month-on-month, prices moved up 0.01 percent in June following a 0.40 percent gain in the previous month. Economists had forecast a 0.10 percent gain.
It was also the lowest monthly inflation rate since July 2010, when the rate was 0.01 percent, the IBGE said.
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