Brazil rental inflation cools in August as FGV index slows to 0.29%

Brazil's Residential Rental Variation Index (Ivar) rose 0.29% in August, down from 0.66% in July, with FGV attributing the moderation to more contained inflationary indicators used in rent adjustments. The slowdown signals easing pressure on housing costs, a component of broader inflation, but the trend's persistence remains uncertain.