Brazil's consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation to the highest rate in seven months, a Reuters poll of economists showed. While it is expected to decelerate again, risks are increasingly tilted to the upside from the potential impact of the El Niño weather pattern on agricultural output which has been abundant so far this year. The IPCA inflation index due on Wednesday probably gained 0.34% last month over August and 5.27% in yearly terms, the quickest rate since February, according to the median estimate of 26 economists polled Oct. 4-9.
Brazil s consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation to the highest rate in seven months, a Reuters poll of economists.
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