India, Nov. 12 -- Brazil's consumer price inflation increased less-than-expected in October to the highest level in five months, figures from the Brazilian Institute of Geography and Statistics, or IBGE, showed on Thursday.
The consumer price index climbed 4.63 percent year-over-year in October, faster than the 4.58 percent rise in September. The expected inflation rate was 4.74 percent.
The annual price growth in food and beverages accelerated to 5.73 percent from 4.66 percent, and communication costs also rose at a faster pace of 3.68 percent. Expenses for health and personal care were 5.8 percent higher compared to last year. Meanwhile, inflation based on transportation eased to 3.2 percent from 3.9 percent due to a slowdown in fuel in...