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    LatAm Daily | Food prices pressure inflation in Brazil

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    Published on Friday, July 22, 2016

    LatAm Daily | Food prices pressure inflation in Brazil

    Mostly due to supply shocks, food inflation climbed to 1.45% MoM in the first weeks of July, accounting for almost 70% of the monthly inflation for the period. As highlighted in this week’s monetary policy meeting, pressure from food prices is one of the main risks to inflation in Brazil.

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