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6.9

Brazil IGP-M inflation index records 1.11% deflation in second July preview

The second preview of Brazil's IGP-M index shows a 1.11% deflation, signaling continued downward pressure on wholesale prices. It remains uncertain how this will impact the Central Bank of Brazil's upcoming monetary policy decisions, though it suggests a cooling of inflationary trends in the producer sector.

Valor Econômicoabout 4 hours agoBRCredibility 45%View source

Score Breakdown

Mosaic Score6.9
Confidence0.9
Significance0.5
Source credibility0.5

Intelligence Tags

#brazil#inflation#igp-m#monetary-policy#deflation

Locations

Brazil

Entities

country
Source

Related signals

8 found