In July 2024, Brazil’s IPCA-15 inflation preview rose by 0.30%, slightly decelerating from June’s 0.39%.
Reported by the Brazilian Institute of Geography and Statistics (IBGE), this shift reveals subtle but significant economic shifts.
Most notably, transportation costs surged, registering a 1.12% increase and impacting the overall inflation by 0.23 percentage points.
Meanwhile, the housing and health & personal care sectors contributed to the broader inflation dynamics.
Year-over-year, the IPCA-15 escalated to 4.45%, a jump from the previous year’s 4.06%. In contrast, July 2023 experienced a minor deflation of 0.07%.
Within the broader economy, seven of nine product and service groups saw price increases in July, with only food and beverages and clothing sectors showing declines of 0.44% and 0.08%, respectively.
Diving deeper, home food prices in the food and beverages sector decreased by 0.70%, with sharp drops in staples like carrots, tomatoes, and onions.
Conversely, essential items such as long-life milk and ground coffee saw notable price hikes.
Furthermore, dining out saw a price increase slowdown, rising just 0.25% compared to June’s 0.59%.
This slower pace stemmed from modest increases in snack and meal prices, easing the financial burden on consumers.
Brazil’s July IPCA-15 Report: Inflation Rises 0.30%
The IPCA-15 collects data across a wide range of Brazilian urban centers, capturing economic snapshots from mid-June to mid-July annually.
This indicator, while mirroring the full IPCA methodology, differs in its data collection period and geographical scope, covering families earning one to forty minimum wages.
Why is this significant? The IPCA-15 serves as a critical economic health barometer, guiding policy decisions and shaping consumer confidence.
Understanding these trends allows stakeholders to adeptly navigate Brazil’s complex economy, preparing them for future inflationary shifts.
As market conditions evolve, the ongoing interplay of supply and demand paints a picture of resilience and adaptation, essential for thriving in a dynamic economic landscape.
Live Market IntelligenceBrazil — Live Market Board
Rio Times · Live Market Intelligence
Brazil — Live Market Board
+1.37%
186,340.46
+1.37%
64,951.10
-0.24%
10,969.49
-0.78%
2,819,323
+1.32%
2,549.16
-0.38%
60,410.88
-0.96%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 186,340.46 | +1.37% | +21.85% | 183,827.59 | 168,310 | 167,142 | — |
| USD/BRL | 5.16 | +0.01% | -5.13% | 5.16 | 5.18 | 5.14 | — |
| SELIC | 14.00% | — | — | — | — | — | |
| PETR4 | 41.64 | -0.05% | +35.19% | 41.66 | 41.97 | 41.15 | 41,499,400 |
| VALE3 | 72.97 | +0.83% | +30.75% | 72.37 | 73.54 | 72.66 | 17,658,000 |
| ITUB4 | 38.60 | -1.03% | +4.57% | 39.00 | 39.34 | 38.39 | 29,487,800 |
| BBDC4 | 16.85 | +0.36% | +3.50% | 16.79 | 16.90 | 16.67 | 19,416,900 |
| BBAS3 | 19.37 | +0.47% | +0.73% | 19.28 | 19.44 | 19.16 | 11,069,200 |
| B3SA3 | 14.26 | -0.21% | +12.73% | 14.29 | 14.47 | 14.11 | 33,037,800 |
| ABEV3 | 14.89 | -0.80% | +21.91% | 15.01 | 15.07 | 14.81 | 16,453,100 |
| WEGE3 | 47.59 | +0.49% | +29.99% | 47.36 | 48.08 | 47.36 | 3,364,600 |
| PRIO3 | 59.14 | -0.19% | +50.67% | 59.25 | 59.81 | 58.74 | 3,325,600 |
| SUZB3 | 41.33 | +2.35% | -23.55% | 40.38 | 41.48 | 40.35 | 3,914,900 |
| RENT3 | 34.68 | -0.09% | +0.84% | 34.71 | 34.96 | 34.35 | 7,979,100 |
| AZZA3 | 15.89 | -2.63% | -53.76% | 16.32 | 16.42 | 15.82 | 1,330,300 |
| CSNA3 | 4.30 | +0.47% | -42.65% | 4.28 | 4.41 | 4.26 | 10,076,100 |
| GGBR4 | 24.69 | +2.19% | +51.38% | 24.16 | 24.85 | 24.18 | 7,047,600 |
| ENEV3 | 24.21 | -1.38% | +70.49% | 24.55 | 24.64 | 23.99 | 9,297,000 |
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