
Brazil Mid-Month Inflation Eases in January

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Brazil's mid-month consumer prices increased by 0.20% in early January 2026, slightly below the expected 0.21% and down from December's 0.25%. Key contributors to price growth included health and personal care (+0.81%), communication (+0.73%), and household items (+0.43%). Food and beverages rose from 0.13% in December to 0.31% in January. However, housing (-0.26%) and transportation (-0.13%) saw price declines. Year-on-year, inflation rose to 4.50% from 4.41%, close to the forecast of 4.51%.
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