Rate Hikes Fail to Tame Brazil’s Inflation Fueled by Food and Energy

Rate Hikes Fail to Tame Brazil’s Inflation Fueled by Food and Energy

Brazil’s official statistics agency, IBGE, reported that consumer prices rose 0.43% in April 2025, pushing annual inflation to 5.53%. This figure stands above the Central Bank’s target ceiling of 4.5%, set under the new continuous regime introduced in January. The monthly increase slowed from March’s 0.56%, but the yearly rate marks the highest since early […]

In April, inflation was released in April, measured by the Prices Index to the Amplo Consumer (IPCA). In April, prices rose by 0.43% against a high of 0.56% in March. Despite the acceleration in the monthly course, the result is far from being a good news for government. The reason for pessimism is that, in 12 months, the IPCA passed from 5.48% to 5.53%, well above the target target target of 4.5%. In addition to the increase, inflation was more…

Batata-English (18.29%) and tomato (14.32%) raised food prices