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Non-Tech : The Brazil Board
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To: richardred who wrote (2066)8/10/2022 6:00:04 AM
From: elmatador1 Recommendation

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Brazil consumer prices tumbled by the most on record in July after President Jair Bolsonaro slashed utility taxes to tame the soaring cost of living and lift his re-election chances.

Official data published Tuesday showed consumer prices fell 0.68% compared to June, more than the -0.65% median estimate from analysts in Bloomberg survey. It was the biggest monthly drop since the start of the data series in 1980. Annual inflation eased to 10.07%.
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