Brazil’s inflation hits double digits, punishing the poor
Brazil’s inflation hits double digits, punishing the poor
By DAVID BILLER and DIANE JEANTET
RIO DE JANEIRO (AP) — It’s something Brazilians have rarely seen in a quarter century, and the last time they did, in 2016, it helped set up a president’s downfall:
Double-digit inflation.
Soaring prices for gas, meat, electricity and more have left millions of poor Brazilians struggling to make ends meet. Inflation in the 12 months through September reached…