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Lower Brazilian inflation signals return to normality -Meirelles
October 7, 2016 / 5:36 PM / a year ago

Lower Brazilian inflation signals return to normality -Meirelles

BRASILIA, Oct 7 (Reuters) - Lower inflation signals Brazil’s economy is returning to normal, but it remains to be seen whether that trend will be long-lasting, Finance Minister Henrique Meirelles said on Friday.

Brazil’s inflation rate fell unexpectedly on a month-on-month basis in September, hitting its lowest level for the month since 1998. The annual rate was 8.48 percent last month. (Reporting by Christian Plumb; Writing by Alonso Soto and Silvio Cascione; Editing by Paul Simao)

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