Brazil’s seasonally adjusted IPCA inflation index slowed in April 2026, registering a 0.63% month‑over‑month increase, down from 0.82% in March 2026. The latest data, updated on 12 May 2026, indicate a moderation in price pressures after a stronger rise at the end of the first quarter.
On a month‑over‑month basis, the April reading reflects a deceleration in the pace of inflation compared with March, when prices had accelerated more sharply versus the previous month. The shift suggests some easing in short‑term inflation dynamics, with the current month’s change now running below the prior month’s increase.
The comparison framework used in the data shows “actual” as the change for April against March 2026, while the “previous” figure captures March’s change versus February 2026. Within this context, April’s softer reading may be viewed as an early sign of potential stabilization in consumer prices following March’s stronger uptick, though broader trends will depend on subsequent monthly data.
