date:Mar 12, 2013
After meeting with retail, supermarket and food industry executives, Mantega last week said business leaders have committed to cut the prices of consumer products including meat, sugar and toilet paper.
This should impact the inflation rate so that it falls rapidly, Mantega told reporters in Brasilia on Monday. The impact on the IPCA consumer price index is not yet clear, he added, noting that analysts have forecast the tax breaks will likely trim between 0.2 percent and 0.6 percent off the inf