Brazil's inflation hits double digits, punishing the poor - NewsBreak

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By Vivian in Business
Updated 2 years ago

RIO DE JANEIRO (AP) — It's something Brazilians have rarely seen in a quarter century, and the last time they did, in 2016, it helped set up a president's downfall:. Soaring prices for gas, meat, electricity and more have left millions of poor Brazilians struggling to make ends meet. Inflation in the 12 months through September reached 10.25%, according to data the national statistics agency released Friday.

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