Brazil inflation tops 5% for first time in over four years ...Middle East

Annual inflation in Brazil rose above 5% in February for the first time in more than four years, official figures showed on Thursday, above analysts' expectations and driven largely by as a strong rise in transport costs. Coming less than a week before the central bank's next policy decision, the figures are likely to cement the consensus view that the first increase in Brazilian interest rates since 2015 is imminent.

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