FX.co ★ Brazil's CPI Drops Slightly to 3.69% in April 2024

Brazil's Consumer Price Index (CPI) for the month of April 2024 showed a slight decrease compared to the previous month. The CPI reached 3.69%, down from 3.93% in March 2024. This data was updated on May 10, 2024, indicating a slowdown in the rate of inflation. The comparison is based on a Year-over-Year analysis, which tracks the change in the CPI for April 2024 compared to the same month a year ago. While inflation remains a key concern for policymakers and consumers, the latest figures suggest a moderation in price increases in Brazil.