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Brazil’s Consumer Prices Surge, Eroding Support for President Lula

March 13, 2025March 13, 2025 - by Marcus Chen - Leave a Comment

Brazil’s consumer prices surged 1.31% in February, marking the largest increase in three years and pushing annual inflation to 5.06%. This situation is straining President Lula’s administration, as costs of …

Business / economics

Brazil’s Consumer Prices Surge, Intensifying Inflation Concerns for Lula

March 12, 2025March 12, 2025 - by Sofia Nawab - Leave a Comment

Brazil’s consumer prices increased by 1.31% in February, marking the highest jump since 2022, causing concerns for President Lula. Annual inflation reached 5.06% with significant rises in housing and education …