RIO DE JANEIRO, Jan. 12 (Xinhua) -- Brazil's inflation rate in 2020 climbed to 4.52 percent, above the government's target of 4 percent and the highest since 2016, the Brazilian Institute of Geography and Statistics (IBGE) reported Tuesday.
Despite exceeding the 4 percent target, the rate was within the 1.5 percent margin of tolerance set between 2.5 percent and 5.5 percent, according to the IBGE report.
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