Brazil’s inflation drops to 0.07% in July, returns to target
Food prices fell in July, helping Brazil’s official inflation lose momentum for the fourth consecutive month and close at 0.07 percent. This brings the country’s consumer price index IPCA to a 12-month cumulative rate of 4.44 percent, back in line with the government’s target. The rate for July was consistent with financial market estimates. Monday’s (Aug. 10) Focus readout – a Central Bank…
Brazil's inflation rate decreased to 0.07% in July, returning to the government's target. The official inflation figures for 2026 show a 12-month cumulative rate of 4.44%, within the target range of 1.5 to 4.5%. Food prices fell in July, contributing to the cooling of inflation for the fourth consecutive month. The food and beverages group showed deflation, with a 0.14 percentage point decrease.
Favorable weather conditions and increased supply of products were factors in the lower food prices. The IPCA, which measures the cost of living for households with incomes from one to 40 minimum wages, includes 377 sub-items.
Written by urgent.news from Agencia Brasil's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
