MNI BRIEF: Brazil's Inflation 5.23% In July, Below Consensus

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Aug-12 12:09By: Larissa Garcia
Brazil Central Bank+ 1

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Brazil's IPCA inflation was 5.23% in July, below the 5.33% consensus and down from 5.35% in June, the Brazilian Institute of Geography and Statistics (IBGE) said Tuesday. The increase was driven mainly by energy costs. Inflation has remained above t...