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Brazil’s Inflation Hits 0.23% in August
In August, Brazil’s inflation rate rose to 0.23%. This data comes from the Brazilian Institute of Geography and Statistics (IBGE). In July, the rate was 0.12%. The IPCA measures Brazil’s official inflation. From January to August, inflation was 3.23%. Over the past 12 months, it’s 4.61%. July’s annualized rate was 3.99%. Market experts expect September’s […]
China’s Economic Hurdles: Falling Short of High-Income Status
China faces significant economic challenges as it diverges from the World Bank’s high-income country threshold. In 2023, its per capita gross national income (GNI) slightly fell to $12,597, marking the first decline in dollar terms in nearly 30 years. This drop places China 9% below the revised high-income category minimum of $13,846, signaling a setback […]