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Foods Get Cheaper And Inflation Drops 0.09% In Brazil

In the photo, consumer movement in Mercadao in Sao Paulo on 6 September 2018. The IPCA (National Broad Consumer Price Index) fell 0.09% in August, the IBGE said on on 6 September 2018. It was the lowest rate for the month since 1998, when the indicator showed a fall of 0.51%. Despite the deflation in August, the index advanced by 2.85%, above the 1.62% registered in the same period in 2017. For the 12-month period, the IPCA is up 4.19%. The food sector presents the second consecutive month of deflation. Of the items consumed by the family, the sharpest decline in August came from onions, with a drop of 22.9%, followed by English potatoes, down 11.89%. (Photo by Cris Faga/NurPhoto)

Photo Details

Photo ID	#3114494
Date Taken	6 September 2018
Location	N/A
Photographer	Cris Faga/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Cris Faga/NurPhoto

Related Keywords

brazil sao paulo economy main index São Paulo stock market consumers IBGE 6 September 2018. yellow marketplace public space market crowd bazaar produce festival plant fun

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