30.06.202612:24:03UTC+00Brazil Producer Prices Fall in May

Brazil’s producer prices fell 0.3% month-over-month in May 2026, reversing a 2.62% increase in April and marking the sharpest monthly decline since November 2025. Prices declined in 7 of the 24 industrial sectors surveyed. The largest drop occurred in extractive industries, down 5.9%. In contrast, prices rose 4.8% in rubber and plastics, 3.1% in wood products, and 2.1% in chemicals.

Food products exerted the strongest downward influence on the overall index, with prices falling 2.1%. Lower prices for sugar, UHT milk, and roasted coffee reflected both seasonal harvest effects and the appreciation of the Brazilian real. Prices in oil refining and biofuels decreased 1.3%, driven by declines in diesel and ethanol; the progress of the sugarcane harvest helped push alcohol prices lower.

Chemical prices increased amid higher international petrochemical costs associated with tensions in the Middle East, while price gains in rubber and plastics continued to reflect pass-through from more expensive feedstock inputs.