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Brazilian Consumer Prices Surge, Pressure Mounts on President Lula

March 13, 2025March 13, 2025 - by Aisha Khoury - Leave a Comment

Brazil’s consumer prices saw a 1.31% increase in February 2023, their highest surge in three years, raising annual inflation to 5.06%. This situation is pressuring President Lula to act as …

Business / economics

Surge in Brazil’s Consumer Prices Intensifies Pressure on President Lula

March 12, 2025March 12, 2025 - by Aisha Khoury - Leave a Comment

Brazil’s consumer prices increased by 1.31% in February, the highest monthly rise since March 2022, driving annual inflation to 5.06%. The Central Bank plans a significant interest rate hike as …