Saturday, October 11, 2008

Inflation Rate Drops In Brazil

The rate of inflation in Brazil has dropped to the lowest it has been in a year, a recent report states. Consumer price increases dropped to .26 percent, down from .28 percent this August. The drop in the inflation rate follows a four-month long trend that highlights the steady decrease in the inflation rate. Food prices also fell, to .27 percent, making September the second month in a row to have a drop in food deflation. Read more here.

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