May 10, 2019 / 12:14 PM / 2 months ago

Brazil annual inflation rises to 4.94% in April, two-year high

BRASILIA, May 10 (Reuters) - Consumer price inflation in Brazil rose to 4.94% in the 12 months through April, government statistics agency IBGE said on Friday, the highest in over two years but slightly below the 5.00% median forecast in a Reuters poll of economists.

The monthly rate of inflation eased to 0.57% in April from 0.75% in March, slightly below expectations of 0.63%. (Reporting by Jamie McGeever)

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