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Brazil Mid-Month Inflation Rises 0.32%, Below Forecasts

The IPCA-15 index rose 0.32% in the month to mid-October, down from 0.70% in the previous month and below economists’ 0.43% forecast. The data was released ahead of Brazil’s presidential runoff.

Brazil's IPCA-15 consumer price index rose 0.32% in the month to mid-October, government statistics agency IBGE said on Friday, down from 0.70% in the previous month and below the 0.43% increase expected by economists in a Reuters poll.Prices in Latin America's largest economy rose 4.62% in the 12…