UPDATE 1-Brazil's inflation rises more than expected in mid-April

April 17, 2015 12:33 PM

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(Adds table, details on 12-month rate, market reaction) By Silvio Cascione BRASILIA, April 17 (Reuters) - Consumer prices in Brazil rose more than expected in the month to mid-April, reinforcing expectations of further interest rate increases by the central bank in coming months.

The IPCA-15 consumer price index rose 1.07 percent in the month to mid-April, government statistics agency IBGE said on Friday, topping market expectations for an increase of 1.00 percent in a Reuters poll. In the 12 months through mid-April, consumer prices rose 8.22 percent, up from a rise of 8.14...

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