Brazil’s IPCA recorded inflation of 0.12% in July, driven by increases in transport and gasoline

The Broad Consumer Price Index (IPCA), Brazil’s official inflation metric, recorded a rate of 0.12% in July. This rate surpassed figures from the previous month (-0.08%) and July of the prior year (-0.68%), as revealed by the Brazilian Institute of Geography and Statistics on Friday (11). With this, the cumulative inflation for the year stands […]