FX.co ★ Brazil’s IGP-10 Inflation Cools Sharply to 0.9% in May, Down from 2.9%

Brazil’s IGP-10 inflation index decelerated markedly in May 2026, coming in at 0.9% month-over-month, down from a 2.9% increase recorded in the prior reading.

Both the previous and current indicators refer to May 2026 but measure different comparison bases: the “previous” 2.9% figure reflects the change in the prior month versus its preceding month, while the current 0.9% reading measures the latest month-over-month movement. The fresh data, updated on 18 May 2026, indicate a significant cooling in the pace of price increases captured by the IGP-10.

The sharp slowdown in the index suggests easing inflationary pressures in the Brazilian economy on a month-over-month basis, which could influence expectations for monetary policy and financial markets as investors reassess the trajectory of prices in the coming months.