Brazil’s inflation slows down in May to 0.23% with drop in transports
The Broad Consumer Price Index (IPCA), used to calculate Brazil's official inflation, slowed down in May to 0.23%, below the 0.61% registered in April, according to IBGE data released on Wednesday (7). With this, the index accumulated 2.95% this year and 3.94% in the accumulated 12 months. According to IBGE, the largest drops occurred in […]