13-June-2026
Economy News
 
Brazil's Inflation Accelerates in May, Tops Target Range Ahead of Rate Decision
13-Jun-2026

Brazil's consumer inflation accelerated more than expected in May, official data showed on Friday, breaching the top of the central bank's target range for the first time since October ahead of a key rate decision next week. Annual inflation in Latin America's largest economy rose to 4.72% in May, statistics agency IBGE said, up from 4.39% in April and above the 4.66% consensus forecast by economists in a Reuters poll.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-12/brazils-inflation-accelerates-in-may-tops-target-range-ahead-of-rate-decision
 
 
 

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