2026.11.1212:00:00UTC+00Brazil’s CPI Inflation Cools Sharply in October, Easing to 0.14% MoM

Brazil’s consumer price inflation slowed markedly in October 2026, with the Consumer Price Index (CPI) rising just 0.14% month-over-month, down from a 0.82% increase in September, according to data updated on 12 November 2026. The figures highlight a significant deceleration in price pressures after a strong uptick in the previous month.

On a month-over-month comparison, the October reading shows that the pace of price growth has lost momentum compared with September, when inflation accelerated to 0.82% versus the month before. The latest result suggests that some of the temporary drivers that pushed prices higher in September may be fading, and could provide some relief for households and policymakers monitoring short-term inflation dynamics.

The comparison framework underscores this shift: the “actual” October figure of 0.14% is measured against September’s 0.82% “previous” change, both reflecting how prices evolved relative to their immediately preceding months. While broader conclusions on monetary policy or economic outlook require additional context, the October cooling in Brazil’s CPI points to a more moderate inflation environment on a monthly basis heading into late 2026.