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Brazil Inflation Rates Drop in July: Daily

By Anna Kaiser, Contributing Reporter

RIO DE JANEIRO, BRAZIL - President Dilma Rousseff affirmed that inflation is “completely under control” yesterday on a radio show in Minas Gerais as consumer price index rates (IPCA) - Brazil's broadest measure of inflation - rose by a mere .03 percent in the month of July. That is the lowest IPCA in three years, according to the Brazilian Institute of Geography and Statistics (IBGE).

The Broad Consumer Price Index (IPCA in Portuguese) measures the changes in prices of . . .

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