Was fired in September the inflation to Brazilafter the expiry of a temporary energy credit and the sharp increase in the cost of electricity.
Specifically, official data published today (9.10.25) showed that prices rose 0.48% compared to the previous month, below the average 0.52% of analysts who participated in Bloomberg survey. This figure was marked by -0.11% of August and annual inflation in Brazil rose to 5.17%.
Inflation in Brazil increased in September
Central bankers are making slow progress in combating inflation, as Latin America’s largest economy is receding due to high interest rates. While policy makers have expressed their conviction that their plan to maintain the SELIC report rate at 15% for the coming months is being operated, their efforts are undermined by the high labor market and investor fears of Brazil’s unstable public finances. Analysts predict that consumer prices will exceed 3% by 2028.
Concerns that President Luis Inasio Lula da Silva may increase government spending to boost his popularity ahead of the next year’s general elections complicate the prospects for inflation. The left -wing leader recently rose to polls due to his efforts to restore his relations with Donald Trump, who hit Brazil with 50% duties earlier this year.