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Brazilian IGP-10 Inflation (Aug MM) -0.51% vs. Exp. 0.1% (Prev. -1.13%)
StockNow breaking-news AI analysis
August IGP-10 deflation (-0.51%) came in much lower than expected. While BCB cut the Selic rate to 14.00%, it remains cautious due to demand-driven inflation and de-anchored expectations.
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