Brazil’s Producer Price Index (PPI) returned to positive territory in August 2026, signaling a rebound in wholesale prices after a notable decline a month earlier. According to the latest data updated on 30 September 2026, the PPI rose 0.36% month-over-month in August, following a 0.83% month-over-month drop in July 2026.
The shift from -0.83% to +0.36% on a month-over-month basis indicates that producer prices have stabilized and begun to edge higher after recent weakness. The figures compare the change in prices in each month to the previous month, showing that while July saw a broad-based easing in producer-level inflation, August marked a partial recovery in price pressures at the factory gate.
This turnaround in the PPI will be closely watched by markets and policymakers as an early signal of potential changes in cost dynamics for Brazilian manufacturers, which can ultimately feed through to consumer prices and broader inflation trends.
