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 fina
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%,