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Brazil Inflation Accelerates After Energy Relief Credits Expire

Brazil Inflation Accelerates After Energy Relief Credits Expire

09.10.2025

Brazil’s inflation accelerated in September after a temporary energy credit came to an end and led to sharply higher electricity costs. Official data released Thursday showed prices rose 0.48% from the month prior, below the 0.52% median forecast from analysts surveyed by Bloomberg. The figure followed August’s reading of -0.11%. Annual inflation ticked up to 5.17%. Central bankers are making slow-going progress in their inflation fight as Latin America’s largest economy cools under high interest rates. While policymakers have voiced confidence that their plan to keep the benchmark Selic at 15% ...
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