Brazil’s Producer Price Index (PPI) posted a sharp rebound in March 2026, rising 2.37% month-over-month, according to data updated on 29 April 2026. The move marks a significant turnaround from February 2026, when the index recorded a 0.25% month-on-month decline.
The comparison is made on a month-over-month basis, with the current figure reflecting the change from February to March 2026, while the previous reading captured the change from January to February 2026. This swing from negative to solid positive territory suggests a notable shift in producer-level pricing pressures within a single month, with potential implications for broader inflation dynamics in Brazil in the months ahead.