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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil IGP-DI Inflation MoM fell to 0.87% in May 2026
FMPMonthlyReleased June 2026
Brazil IGP-DI Inflation MoM fell to 0.87% in May 2026, released June 2026, down 1.54% from April's 2.41% reading.
Latest Release
0.870000
Actual
—
Consensus
2.410000
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 | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/BRL | ▼ Inverse | −0.55 | FOREX | Bearish USD | → View |
| EUR/USD | ▲ Direct | +0.51 | FOREX | Bullish EUR | → View |
| XAU/USD | ▲ Direct | +0.41 | COMMODITIES | Bullish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
IGP-DI Inflation MoM (Brazil) was reported at 0.87% in June 2026. The reading fell from the previous value of 2.41%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -0.11%, ranging from -1.8% to 0.87% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 0.08%, down from the prior three at 0.16%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/BRL (Bearish USD). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Retail Sales MoM (Jun 12) and Inflation Rate YoY (Jun 12).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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IGP-DI Inflation MoM - BR
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About IGP-DI Inflation MoM — Brazil
DEFINITION
Brazil's IGP-DI Inflation MoM for May registered 0.87%, down sharply from April's 2.41%, signaling a notable deceleration in monthly inflation. This slowdown follows April's elevated reading and suggests easing price pressures after a period of rapid increase. Market participants will watch upcoming data for confirmation of this trend amid ongoing central bank vigilance. Updated 6/9/26
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 (May 2026): actual 0.87 %. Prior reading (Apr 2026): 2.41 %. Before that (Mar 2026): 1.14 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/BRL (Bearish USD, r=-0.55) — a useful reference for forex-focused traders.