Brazil’s producer price index (PPI) rose 0.34% month-over-month in January 2026, marking the strongest increase since December 2024 and the second consecutive monthly gain. Of the 24 industrial activities surveyed, 15 registered price increases compared with December.
Metallurgy exerted the greatest influence on the overall result, with prices advancing 2.73%. Other notable contributors included printing (2.73%), other chemical products (1.70%), extractive industries (1.39%), and perfumery, soaps, and cleaning products (1.67%).
On a 12-month basis, the PPI declined 4.33%, after having fallen 4.51% in December.
