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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 | #3114496 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Cris Faga/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Cris Faga/NurPhoto |
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