Brazil Inflation Dips Again as Central Bank Expected to Hold

Brazil’s annual inflation slowed to within the central bank’s tolerance range for the first time in 14 months in November, just as policymakers prepare for their final meeting of 2025.

Official data released Wednesday showed consumer prices eased to 4.46% from the same month a year ago, below the median estimate of 4.47% from economists surveyed by Bloomberg. On the month, prices rose 0.18%, the national statistics agency reported.