Bloomberg News

Brazil Central Bank Says Annual Inflation Peaked Last Quarter

October 27, 2011

Oct. 27 (Bloomberg) -- Brazil’s central bank said annual inflation peaked in the third quarter, according to the minutes of the bank’s Oct. 18-19 meeting released on its website.

The bank said the international outlook has a deflationary bias, and risks to global stability have increased.

To contact the reporter on this story: Matthew Bristow in Brasilia at mbristow5@bloomberg.net

To contact the editor responsible for this story: Harry Maurer at hmaurer@bloomberg.net


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