Previous Inflation Slows in may

The consumer price index Broad-15 (IPCA-15), considered a preview of the official inflation, slowed and was 0.6% in may, according to data of IBGE. The previous month, the index reached 1.07% and in April last year, 0.58%. In earned in 12 months, the index peaked at 8.24 percent, the highest since January 2004 (8.46%) The index is well above the ceiling of the Central Bank's inflation target, which is 6.5%. The slowdown happened, according to the Institute, mostly because of electrical energy.