Soaring prices in Brazil are a warning that Latin America’s success in vaccinating large population swaths could run up against an inflation shock, economists said
SÃO PAULO—Brazil has become the latest country to emerge from the worst of the pandemic only to face its highest inflation rate in years.
Prices rose in September at the fastest pace for the month since 1994, while the 12-month figure reached 10.25%, returning Brazil to double-digit inflation for the first time in more than five years, the country’s national statistics agency, IBGE, said Friday.
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