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06.08.201009:10:00UTC+00Brazil Monthly IPCA Inflation At 0.01% - IBGE

Brazil's consumer price index increased in July from the previous month.

The national index of consumer prices or IPCA rose 0.01% on a monthly basis in July, after a flat reading in the preceding month, the statistical office IBGE said on Friday. Economists had expected an increase of 0.02%.

Year-on-year, the IPCA increased 4.60% in July, slightly slower than a 4.61% growth expected by economists.

Meanwhile, the National Index of Consumer Prices or INPC dropped 0.07% in July, after falling 0.11% in June, the statistical office said.

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