Brazil’s mid-month consumer inflation slowed significantly in October 2026, with the Mid-Month CPI rising 0.32% month-over-month, down from a 0.70% increase recorded in September 2026. The latest data, updated on 23 October 2026, indicates a notable moderation in price pressures compared with the previous month.
The October reading shows that, while prices continued to rise, the pace of inflation almost halved in month-on-month terms. In September, the Mid-Month CPI had accelerated by 0.70% versus the month before, but the softer 0.32% increase in October suggests a loss of momentum in short-term inflation dynamics.
On a month-over-month comparison basis, the “Actual” October figure reflects the change from September to October 2026, while the “Previous” September indicator captured the change from August to September 2026. The deceleration may offer some relief for policymakers and markets tracking the trajectory of Brazilian inflation into the final quarter of the year.
