Brazil

Brazil's industrial production increased 2.7% year-over-year in April, comfortably beating the 1.7% forecast, although growth slowed from 4.4% in March.
Brazil’s inflation pressures showed signs of accelerating in May, according to the latest IPC-Fipe data. The IPC-Fipe Inflation Index rose 0.45% month-over-month, up from 0.40% in April, indicating a modest pickup in consumer price growth.
Brazil’s economy delivered another solid quarter of growth in Q1, with GDP expanding 1.1% quarter over quarter, beating expectations of 1.0% and accelerating sharply from the previous 0.3% increase.

On an annual basis, GDP grew 1.8%, matching both forecasts and the prior reading. While year-over-year growth remained stable, the stronger quarterly figure suggests economic momentum improved significantly at the start of the year.
Brazil’s unemployment rate fell to 5.8% in April, beating expectations of 5.9% and improving from the previous 6.1%.
Brazilian retail sales rose 0.5% month-on-month in March, beating expectations for no growth, though slowing from February’s 0.7% increase.

On a yearly basis, retail sales jumped 4.0%, well above the 2.8% forecast and sharply stronger than the previous 0.4% gain.
Brazil’s inflation rate accelerated in April but came in slightly below expectations.

Consumer prices rose 4.39% year over year, compared with forecasts of 4.41% and the previous 4.14% reading.
Brazil industrial production rose 4.3% year-over-year in March, beating expectations of 3.5% and rebounding strongly from the previous -0.7% decline.
Brazil’s IPC-Fipe inflation showed a clear deceleration in April.

Consumer prices rose 0.40% month-over-month, down from 0.59% in the previous reading.
Brazil’s central bank lowered its benchmark interest rate to 14.50%, coming in below both expectations (14.75%) and the previous level (14.75%).
Brazil’s mid-month CPI (IPCA-15) rose 0.89% in April, coming in below expectations of 1.00% but accelerating from the previous 0.44%.
Video Thumbnail
07-10-25WS News