Brazil’s June Inflation Cools, Surprising Analysts

On Wednesday, Brazil’s Broad Consumer Price Index (IPCA) slid to a mere 0.21% in June, from 0.46% in May. The Brazilian Institute of Geography and Statistics (IBGE) shared these figures, marking a year-to-date rise of 2.48% and a 4.23% climb over the past 12 months. Analysts had projected a June rise of 0.32%. Instead, the […]