Loading page content
Data from Emerging Markets composite. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil Brazil IPCA Inflation Monthly fell to 0.67 Percent in March 2026
Emerging Markets compositeMonthlyReleased April 2026
Brazil Brazil IPCA Inflation Monthly fell to 0.67 Percent in March 2026, released April 2026, down 0.03 Percent from February's 0.7 Percent reading.
Latest Release
0.670000
Actual
—
Consensus
0.700000
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 |
|---|---|---|---|---|---|
| EUR/USD | ▼ Inverse | −0.40 | FOREX | Bearish EUR | → View |
| USD/BRL | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Brazil IPCA Inflation Monthly (Brazil) was reported at 0.67 Percent in March 2026. The reading fell from the previous value of 0.70 Percent. Over the past 12 months, the indicator has averaged 0.33 Percent, ranging from -0.11 Percent to 0.70 Percent across 9 releases. This is classified as a critical-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 0.57 Percent, up from the prior three at 0.20 Percent. Volatility over the past year (σ 0.25 Percent) is lower than the prior year (σ 0.31 Percent). In April readings over the past 3 years, Brazil IPCA Inflation Monthly has averaged 0.49 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/USD (Bearish EUR). A secondary relationship exists with USD/BRL, positively correlated (Bullish USD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate YoY (Jun 10) and Inflation Rate MoM (Jun 10).
Auto-generated from current model state · Refreshes on each release · Last update April 2026.
SHARE
Brazil IPCA Inflation Monthly - BR
Loading chart data...
About Brazil IPCA Inflation Monthly — Brazil
DEFINITION
Brazil IPCA Inflation Monthly rose to 0.700000% in January 2026, more than doubling December’s 0.330000% and marking the highest monthly print since September 2025. The surge reflects renewed price pressures led by food and transportation costs, pushing inflation well above the 12-month average of 0.27%. Brazilian government bond yields rose sharply on the release as markets recalibrated inflation expectations. Updated 4/3/26
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. Releases in this category are tier-1 market events that frequently produce same-session cross-asset repricing. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 0.67 Percent. Prior reading (Feb 2026): 0.7 Percent. Before that (Jan 2026): 0.33 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/USD (Bearish EUR, r=-0.40) — a useful reference for forex-focused traders.