Brazil October Inflation Slows to 0.14%
Brazil's IPCA inflation slowed to 0.14% in October, below forecasts, as power and air fares fell. The 12-month rate is 4.63%, above target. The post Brazil October Inflation Slows to 0.14% appeared first on The Rio Times .
Brazil's monthly inflation slowed to 0.14% in October, below expectations, thanks to cheaper electricity and air fares, while food prices continued to rise. The 12-month inflation rate rose to 4.63%, exceeding the central bank's 4.5% target. Household power bills dropped 1.92% after a surge in September, as the tariff flag added no extra charge.
Air fares fell 9.21% after a 9.66% increase in September, while fuel prices fell 0.31%. However, food prices increased by 1.04%, with tomatoes jumping 19.57% and onions rising 11.29%. The 12-month inflation rate surpassed the central bank's 4.5% ceiling due to the October figure being larger than the 0.09% recorded a year earlier.
Economists expect Brazil's inflation to reach 5.22% for 2026, but the latest data alone does not change the central bank's stance on interest rates.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
