Brazil is delaying until September 2014 a proposed rise in indirect tax on certain types of drink. The original proposal was that the tax on energy drinks, beer and some fruit juice would increase by around 1.5 percent on average from 1 June 2014. The tax rise is however to be postponed until later in the year and will be phased in over a number of years. The increase would add to the problem of high inflation and would therefore not be appropriate at the current time.
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