Brazil’s CPI Ticks Up Before First 2026 Central Bank Meeting

Brazil’s annual inflation accelerated in early January, underscoring lingering price pressures as central bankers gather for their first interest rate decision of 2026.

Consumer prices rose 4.50% in the first half of January, just below the 4.52% median estimate of analysts surveyed by Bloomberg. Prices increased 0.2% from a month earlier, the national statistics agency said Tuesday.