Brasil Taxa De Inflação

The annual inflation rate in Brazil rose to 4.42% in September of 2024, up from 4.24% in the prior month, largely in line with market expectations of 4.43%. Prices accelerated for food and beverages (5.86% vs 4.59% in August), housing & utilities (4.58% vs 3.22%), and healthcare (6.14% vs 5.70%). Conversely, inflation eased for transportation (3.22% vs 4.53%) and personal expenses (3.67% vs 4.45%). From the previous month, Brazilian consumer prices advanced by 0.44%, following a 0.02% drop in August and roughly aligned with expectations. Biggest upward pressure came from the cost of housing (1.80%), namely residential electricity (5.36%), and food and beverages (0.5%). Also, transport prices grew 0.14%, driven by a rise in the cost of airfares (4.64%) and ethanol (0.75%).