Boosted by the change in food prices, Brazil’s inflation—as measured by the National Broad Consumer Price Index, or IPCA—closed out the month of June up 1.26%, the highest for the month since 1995’s 2.26%. In June last year, the rate was reported at a negative 0.23%.
The Health Ministry and the Brazilian Association of Food Industry (ABIA), joined by 70 percent of the companies in the sector, announced today (Jun. 29) that 14,893 tons of sodium have been removed from processed foods.