Brazil’s July IPCA Inflation Falls Back Inside the Target Band

Brazil · Economy Key Facts Monthly rise Brazil’s IPCA rose 0.07% in July, down from 0.16% in June. Annual rate The 12-month IPCA hit 4.44%, down from 4.64% in June and back inside the 1.5%–4.5% target band. Year-to-date Inflation accumulated 3.44% in the first seven months of 2026. Main driver Housing costs rose 0.99%, led…