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Brazils inflation rate falls to oneyear low in Sep
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E-mailMade Popular Oct 11 2008
Brazil :
Brazil’s National Consumer Price Index (IPCA) fell to a one-year low of 0.26 percent in September, down from 0.28 percent in August and up from 0.18 percent in September 2007, the Brazilian Institute of Geography and Statistics (IBGE) said...
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It’s not that bad...seems Brazil is holding strong...
(Global Perspectives)
That’s why Brazil don’t grow as China, India or Russia. The government controls everything.
(Local Perspectives)
Ya but China isn’t investing... It is growing with enormous profits, but it is all foreign based... Once the foreign income gets crunched, they would be left as an unemployed nation.
(Global Perspectives)
How much has your currency exchange been affected this week?
(Global Perspectives)
Wow... I didn’t realize how much Brazil had really recuperate in economic power.. Those are incredible rates!!!
(Global Perspectives)
The thing is: Brazil it’s not a ”open market”. Only 14% of Brazil’s GDP comes from international trade.
We have 100 million middle class people which gives us a solid internal market.
We have 100 million middle class people which gives us a solid internal market.
(Local Perspectives)
We went up past 14.7 per dollar, but with the 3 auctions, it calmed a bit.. WE are all waiting to see just how much the auctions can stablize us, and for how long.
(Global Perspectives)
Here, the dollar valued is good, because Brazilian products get lower prices.
(Local Perspectives)
Add your Comment
Prices of good and basic commodities can only decrease significantly if the country exhibits negative inflation rate.