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Instituto Brasileiro de
Geografia e Estatística (IBGE) reports:
That the
Broad National Consumer Price Index (Índice Nacional de Preços ao
Consumidor Amplo (IPCA) rose 2.10% in December, which was 0.92 percentage
points below the 3.02% increase in November. The sub-items with that
registered a small increase compared to the previous month were food,
fuels and cooking gas, while medication and cigarettes prices experienced
stronger hikes.
As a result, the annual variation for inflation in 2002 reached 12.53%:
2.94% in the first and 9.32% in the second semester.
Consumer Prices,
December 2001 - December 2002
Note: Monthly
variation in %.
Source: Instituto Brasileiro de
Geografia e Estatística (IBGE) and LatinFocus calculations.
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
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