Brazil Electricity Bills Push September Inflation Above Target Ceiling
A surge in electricity costs drove Brazil's IPCA to its highest September reading since 2021, pushing the 12-month rate past the Central Bank's ceiling.
Brazil's official consumer price index, the IPCA (Índice Nacional de Preços ao Consumidor Amplo), rose 0.82% in September — the steepest monthly reading for that month since September 2021, when it re...