30.10.202511:00:00UTC+00Brazil's IGP-M Inflation Index Swings Into Negative Territory in October

In a surprising turn of events, Brazil's General Market Price Index (IGP-M) recorded a notable deflation of -0.36% in October, following a 0.42% inflation rate in September. This latest data, updated on October 30, 2025, marks a significant shift as the Brazilian economy sees the index transition from positive to negative in just one month.

The IGP-M is a key measure used in Brazil to track inflation and economic trends, reflecting changes in market prices across various sectors including agriculture, manufacturing, and services. October's deflationary figure stands in stark contrast to the previous month's inflation, pointing towards a cooling effect in the economic environment as supply-side pressures ease or demand weakens.

This month-over-month comparison indicates a swift change in the inflationary landscape, potentially impacting market expectations and economic policies moving forward. Analysts and policymakers will be carefully scrutinizing these developments to understand the broader implications for Brazil's economy, as such fluctuations can influence everything from consumer spending to central bank interest rate decisions.