Brazil's inflation remained well above the central bank's target range in its mid-July reading, official data showed on Friday, as policymakers gather next week for a meeting at which they are widely expected to hold interest rates at a two-decade high.

Inflation figures released last week in Brazil showed the country had pierced the target ceiling for the first time since the National Monetary Council changed early this year the way the accumulated increase is calculated.

Brazil’s annual inflation ticked up further above target, a signal of the long road ahead before the central bank can begin easing sky-high interest rates.Official data released Thursday showed consumer prices accelerated to 5.

Brazil's economic growth will stay on track despite the imposition of U.S. tariffs, according to a Reuters poll of economists, but inflation appears at greater risk of worsening if trade negotiations flounder.

Brazil central bank slashed their 2026 inflation projection for the first time in over two months, in what may be a positive sign for monetary authorities.

Inflation ticked up to its highest level in months in June amid concerns about President Donald Trump ’s threats surrounding tariffs and his larger global trade war. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

(Reuters) -Brazil's monthly inflation is expected to have slowed for the fourth time in a row in June due in part to lower gasoline prices, a Reuters poll showed.

SAO PAULO, Oct 16 (Reuters) - Private sector economists in Brazil now expect the country's inflation to end 2023 within the central bank's target range, a weekly central bank poll showed on Monday.

Brazil finally sees consumer prices fall this month as transportation and energy costs came down thanks to tax cuts. ... Inflation hit 9.6% in the 12 months to mid-August, ...

(Reuters) - Brazil's consumer price data for May will likely show an acceleration in inflation, reflecting the damage from recent disastrous floods in the south, according to a Reuters poll ...