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Brazil's IPCA price index rises 0.1pc to mid-July

SAO PAULO : Brazil 's benchmark IPCA inflation index rose 0.1 percent in the month to mid-July, slowing from the preced

Published July 20, 2011 Updated July 20, 2011 04:00pm

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By Imad Uddin

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In the month to mid-June, the index rose 0.23 percent.

The index had been expected to rise 0.15 percent in the month to mid-July, according to the median forecast of 16 economists surveyed by Reuters. Estimates for the IPCA increase ranged from 0.12 percent to 0.19 percent.

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