Fri, 20 Jul 2012 16:40:21 GMT
Brazil inflation rate jumped in July
According to the
Brazil's statistics agency, nation's inflation rate surprisingly jumped in
July. Consumer price index increased by 0.33 per cent, reaching ten-month high
at 5.24 per cent. Meanwhile, Brazil's
economy is developing at a lower pace than it was previously expected, with GDP growth by
0.8 per cent during the first quarter of this year, and with nation's central
bank economists forecast of only 1.9