Has Brazil beaten inflation?

The inflation o tomato prices in 2018 was of over 71%

Consumer inflation, measured by the benchmark IPCA index, ended 2018 at 3.75 percent. This was in line with analysts’ expectations and was within the target band of 3 to 6 percent, after missing it in 2017. The result indicates that price dynamics in Brazil are finally returning to what can be considered “normal” by most economists.

Over the past couple of years, the IPCA faced sharp variations and a period of tolerance with higher price increases from the mid-2000s to the early 2010s as part of a strategy to boost the economy via a heated consumption...

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