Brazil registers highest inflation in six years for 2021

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BRASILIA: Brazil\u0027s 2021 inflation of more than 10 per cent was the highest in six years, according to official data published on Tuesday (Jan 11). Last year\u0027s inflation was more than double the 2020 figure of 4.5 per cent and well above the government\u0027s objective of 3.75 per cent. \u0022It is the larg

BRASILIA: Brazil's 2021 inflation of more than 10 per cent was the highest in six years, according to official data published on Tuesday .

"It is the largest year-end rate since 2015 when it was 10.67 per cent," said the IBGE statistics institute. Analysts expect that trend to continue with inflation projected to end 2022 at just over five per cent.

 

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