SAO PAULO, Oct 23 (Reuters) – Brazil’s IPCA-15 consumer price index rose 0.32% in the month to mid-October, down from 0.70% in the previous month, government statistics agency IBGE said on Friday.
The index had been expected to rise 0.43%, according to the median forecast in a Reuters poll.
Consumer prices rose 4.62% in the 12 months through mid-October, IBGE added, up from 4.47% in the previous month but below the 4.73% expected by economists in the Reuters poll.
(Reporting by Gabriel Araujo; Editing by Isabel Teles)
