Brazil

Inflation - October 2002

The Numbers in Detail

Instituto Brasileiro de Geografia e Estatística (IBGE) reports:

That the Broad National Consumer Price Index (Índice Nacional de Preços ao Consumidor Amplo (IPCA) rose 1.31% in October, which was 0.59 percentage points above the previous month's result (the September IPCA was (0.72%).  As a result, the accumulated variation for this year reached 6.98%, above the 6.22% observed for the same period last year.  For the past 12 months, the index was situated at 8.45%, exceeding the reading for the 12-month through September (7.93%).  In October of 2001, the monthly variation was 0.83%.

Forecasts: This indicator is covered in the LatinFocus Consensus Forecast.  For 5-year projections, including quarterly forecasts for the next two years, please click here