Brazil Mid-month Inflation Rate MoM

Brazil's consumer price index rose 0.43% month-over-month in the first half of April 2025, down from a 0.64% increase in the same period of March and in line with market expectations. Transportation was the only category to record a decline (-0.44%), while the largest increases were observed in food and beverages (+1.14%) and health and personal care (+0.96%). Together, these two segments accounted for 88% of the month’s overall inflation. On an annual basis, inflation accelerated to 5.49%, the highest rate since February 2023, up from 5.26% in the previous period, and broadly in line with forecasts.