Brazil Daily

⛰️ Has inflation already peaked?

Good morning! Today, we’re talking about how Brazil’s inflation may have already peaked. How PIX has made its mark on e-commerce. Brazilians’ trust in the Armed Forces. And the guest list to Jair Bolsonaro’s international bashing of the voting system.

☕ If you like our work and want to give us an extra boost, you can fill up our reporters’ coffee mugs. Supporters get exclusive perks! Find out more.

Inflation expectations are tumbling (but just for 2022)

inflation Jair Bolsonaro told gas stations to display price reductions at the pumps after fuels became cheaper. Photo: Fabio Rodrigues Pozzebom/ABr
Jair Bolsonaro told gas stations to display price reductions at the pumps after fuels became cheaper. Photo: Fabio Rodrigues Pozzebom/ABr

Brazil’s IPCA benchmark consumer price index flagged the first deflation in 26 months, as July figures came at -0.68 percent this morning. The...

Less expensive than a coffee

Enjoy any plan of your choice for US$1 for the first month