Brazil's full-year inflation for 2018 mild at 3.75 pct

Source: Xinhua| 2019-01-12 11:15:00|Editor: Xiaoxia
Video PlayerClose

RIO DE JANEIRO, Jan. 11 (Xinhua) -- Brazil's 2018 inflation rate averaged a mild 3.75 percent, lower than the official target of 4.5 percent and within the tolerance range of 3 to 6 percent, statistical authorities said Friday.

However, it is higher than the 2017 inflation rate of 2.95 percent, which was the lowest since 1999, said the Brazilian Institute of Geography and Statistics.

The increase in price levels in 2018 was led primarily by household services, transportation and food, the institute said.

Inflation was at 0.15 percent in December, the lowest for the month since 1994.

The institute said the inflation could have been lower last year, had it not been affected by the truckers' strike at the end of May.

"The strike had a one-off effect in June," causing a 1.26-percent increase in inflation, the institute said.

Market analysts have projected that prices will increase 4.01 percent in Brazil in 2019.

The government has set an official inflation target of 4.25 percent for 2019, with a tolerance range of 2.75 to 5.75 percent.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001377381931
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲日韩欧美一区二区三区 | 亚洲亚洲大片亚洲一级高清 | 亚洲AV综合AⅤ国产AV综合 | 亚洲资源网在线 | 精品一区二区三区亚洲国产 | 日本一区二区欧美 |