The rate is up from August’s 0.23%. According to statistics bureau IBGE, which released the survey Wednesday, the 2.80% hike in gasoline was the main pressure on the result.
Brazil’s state-run oil giant Petrobras announced today (Jun. 6) a new reduction in the price of gasoline at refineries across the country—the third cut in a row.
Brazil’s state-controlled oil giant announced the reduction in gasoline and diesel prices at its refineries for the second day in a row today (May 23). The price of gasoline is set to slip 0.62% tomorrow (24).