Brazil Mid-September Inflation Accelerates
Brazils mid-September annual inflation unexpectedly accelerated to 4.47 percent driven largely by rising housing and electricity costs. The data comes as voters prepare for a tight presidential election and the central bank evaluates monetary policy.
Brazil's mid-September annual inflation accelerated to 4.47%, exceeding the 4.30% median forecast in a Reuters poll. The faster price growth comes as voters head into a tight presidential election and the central bank weighs monetary policy. Annual price gains remain within the target range of 3% plus or minus 1.5 percentage points.
