Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil Brazilian IPCA Inflation Index SA MoM fell to 0.23% in June 2026
FMPMonthlyReleased July 2026
Brazil Brazilian IPCA Inflation Index SA MoM fell to 0.23% in June 2026, released July 2026, down 0.37% from May's 0.6% reading.
Latest Release
0.230000
Actual
—
Consensus
0.600000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Bovespa | ▼ Inverse | −0.49 | INDEX | Moves against | → View |
| USD/BRL | ▲ Direct | +0.34 | FOREX | Moves with | → View |
| BTC/USD | ▼ Inverse | −0.30 | CRYPTO | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Brazilian IPCA Inflation Index SA MoM (Brazil) was reported at 0.23% in July 2026. The reading fell from the previous value of 0.6%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.3%, ranging from -0.04% to 0.63% across 9 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 0.49%, up from the prior three at 0.24%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Bovespa (Bearish Bovespa). A secondary relationship exists with USD/BRL, positively correlated (Bullish USD).
WHAT TO WATCH NEXT
The next release is scheduled for August 11, 2026. Same-country events in the next 14 days include Industrial Production MoM (Aug 4) and S&P Global Services PMI (Aug 5).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Brazilian IPCA Inflation Index SA MoM - BR
Loading chart data...
About Brazilian IPCA Inflation Index SA MoM — Brazil
DEFINITION
Brazil's Brazilian IPCA Inflation Index SA MoM rose 0.23% in June, down from May's 0.60%, signaling a notable slowdown in monthly inflation. June's reading marks a deceleration compared to May's higher inflation pace. Market participants will watch upcoming data for further signs of easing inflationary pressures. Updated 7/11/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 0.23 %. Prior reading (May 2026): 0.6 %. Before that (Apr 2026): 0.63 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with Bovespa (Bearish Bovespa, r=-0.49) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - BR Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:00 | BR | IGP-M Inflation MoM | -1.16 | -0.5 | -1.09 | -1.13 | Low |
| 11:30 | BR | Bank Lending MoM | 0.7 | 0.6 | 0.5 | 0.60 | Low |
| 12:00 | BR | Unemployment Rate | 5.4 | 5.6 | 5.4 | 5.40 | Medium |