Market News
Brazil Inflation Slows in January on Cheaper Electricity Bills - BLOOMBERG
- Prices gained 0.16% on month in Jan., 4.56% from a year ago
- Central bank to deliver third-straight 100-bps hike in March
Brazil inflation edged down at the start of the year, as one-time energy credits provided consumers temporary relief from simmering price pressures.
Official data released Tuesday showed consumer prices rose 4.56% from a year earlier, just under the 4.58% median estimate in a Bloomberg survey of economists. On the month, they increased 0.16%.
