(Reuters) - Food prices accelerated from May, pressured by a seasonal
decline in output of certain crops and higher dairy and beef
costs. Clothing costs and personal care expenses also rose at a
faster pace from May, the Fipe said.
The Fipe index is closely watched by economists for trends
in Brazil's benchmark IPCA inflation index, which is used by
the central bank to set interest rates.
Read more at Reuters.com Economic News
decline in output of certain crops and higher dairy and beef
costs. Clothing costs and personal care expenses also rose at a
faster pace from May, the Fipe said.
The Fipe index is closely watched by economists for trends
in Brazil's benchmark IPCA inflation index, which is used by
the central bank to set interest rates.
Read more at Reuters.com Economic News
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