INFLATION CONTINUES IN BRAZIL
_ The Getulio Vargas Foundation, which keeps the official cost of living index in Brazil, reported January 8 that the rise for last year was 41.1%.
.This continues what has been regarded by American backers of the Castelo Branco dictatorship as a quite:favorable trend. In 1964, the year the general seized power in a coup d'état, the rise was 86%. In 1965, through "austerity" measures advised, by the powers that be in Wall Street, the rise was only 45.4%.
However, the Brazilian press estimates that in January of this. year the cost of living may suddenly shoot up 5% as compared with 1.2% in December. Not exactly an auspicious beginning for 1967... an
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