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Brazil's Inflation Rate Drops to 0.32% | Markets & Money News
Brazil’s inflation rate has shown a slight decrease, rising just 0.32% in mid-October, down from 0.70% last month and below the forecast of 0.43%. Annual inflation is at 4.62%, slightly higher than the previous month but below expectations. The increase in prices was mainly due to food and beverage costs, while housing expenses dipped. This financial report comes as Brazil approaches a pivotal presidential runoff election, with a central bank meeting scheduled soon to discuss the ongoing
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