Economics
Brazil’s Inflation Ends 2021 Above 10%, Testing Central Bank
- Consumer prices rose 10.06% on year, 0.73% on month in Dec.
- Central bank has lifted key rate 725 basis points since March
A customer shops for meat at a grocery store in Rio de Janeiro on Dec. 17, 2021.
Photographer: Dado Galdieri/BloombergThis article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Brazil’s consumer prices rose more than expected last year, dogging the central bank and its efforts to bring inflation back to target.