Inflation in Brazil surges as severe drought bites country
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BRASILIA Inflation in Brazil climbed to 4.42 percent year-on-year in September as a severe drought in Latin America's biggest economy caused food and fuel prices to soar, official figures have shown. The monthly increase of 0.44 percent in the consumer price index is the biggest for the month of September in three years, the Brazilian Institute of Geography and Statistics ( IBGE ) said. In August, monthly inflation had fallen for the first time since June 2023, dipping by 0.02 percent, and year-
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