UPDATE 2-Brazil posts steepest monthly deflation since 1998, opens door to more rate cuts
Inflation in Brazil continued
to evaporate in May, official figures showed on Wednesday, as
falling fuel and air travel costs due to the coronavirus crisis
led to the steepest monthly fall in consumer prices since August
1998.
to evaporate in May, official figures showed on Wednesday, as
falling fuel and air travel costs due to the coronavirus crisis
led to the steepest monthly fall in consumer prices since August
1998.
Posted by Reuters
