Business · Economy · 17 hrs ago
Brazil to release October inflation data on Thursday
Brazil’s statistics agency will release October inflation data on Thursday.
The measure is called the IPCA, the country’s consumer price index.
In September, prices rose 0.82%.
Over the 12 months to September, inflation reached 4.58%, above the 4.5% target ceiling.
The figures matter because they show how inflation is tracking against the target.
The next update will come with the October IPCA reading.
Brazil’s IBGE is due to release October inflation data on Thursday, Nov. 12.
The figures will be the October IPCA, Brazil’s consumer price index.
In September, the index rose 0.82%.
Inflation over the 12 months through September was 4.58%.
That 12-month rate was above the 4.5% ceiling of the inflation target.
- Who
- Brazil’s Institute of Geography and Statistics (IBGE).
- What
- It will release the October IPCA inflation data.
- When
- Thursday, Nov. 12.
- Where
- Brazil.
- Why
- The release is part of the week’s economic agenda; no further reason is stated.
This story does not have two clearly opposing sides.
The IPCA rose 0.82% and reached 4.58% over 12 months.
The IBGE is scheduled to release the October IPCA.
- Publisher
- Brazil’s Institute of Geography and Statistics (IBGE)
- Release date
- Thursday, Nov. 12
- Data period
- October
- September monthly inflation
- 0.82%
- 12-month inflation through September
- 4.58%
- Inflation target ceiling
- 4.5%