{"id":42799,"date":"2021-03-11T21:11:00","date_gmt":"2021-03-11T17:11:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=42799"},"modified":"2021-03-11T21:11:02","modified_gmt":"2021-03-11T17:11:02","slug":"inflation-in-brazil-hits-highest-level-in-four-years","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/inflation-in-brazil-hits-highest-level-in-four-years\/03\/11\/market-updates\/","title":{"rendered":"Inflation in Brazil Hits Highest Level in Four Years"},"content":{"rendered":"\n<p>The inflation rate in Brazil exceeded 5% last month for the very first time in more than four years, as shown by official data on Thursday.<\/p>\n\n\n\n<p>Annual consumer inflation rose by 5.20% in February, its highest level since January 2017.<\/p>\n\n\n\n<p>The inflation rate exceeded market expectations of registering about 5.06%.<\/p>\n\n\n\n<p>The surge in consumer prices is largely attributed to the increase in transport costs that rose by 2.28% last month due to fuel prices increasing by 7% on a monthly basis.<\/p>\n\n\n\n<p>Meanwhile, the monthly inflation rate increased to 0.86%, its highest reading since 2016.<\/p>\n\n\n\n<p>Inflation data are expected to push the Central Bank of Brazil to raise interest rates for the first time since 2015 during its upcoming meeting next week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The inflation rate in Brazil exceeded 5% last month for the very first time in more than four years, as shown by official data on Thursday. Annual consumer inflation rose by 5.20% in February, its highest level since January 2017. The inflation rate exceeded market expectations of registering about 5.06%. The surge in consumer prices &hellip;<\/p>\n","protected":false},"author":10,"featured_media":35198,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6899],"class_list":["post-42799","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-brazil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42799"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42799\/revisions"}],"predecessor-version":[{"id":42800,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42799\/revisions\/42800"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35198"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}