FX.co ★ Brazil’s Annual Inflation Ticks Up to 4.14% in March, Breaking Disinflation Trend

Brazil’s consumer price inflation edged higher in March 2026, with the year-over-year Consumer Price Index (CPI) rising to 4.14%, up from 3.81% in February. The data, updated on 10 April 2026, indicate a pickup in annual price growth after a period of relative stability.

Both readings are based on year-over-year comparisons, with the “previous” figure reflecting February 2026 versus February 2025, and the latest “actual” figure comparing March 2026 to March 2025. The acceleration from 3.81% to 4.14% signals that inflationary pressures have intensified slightly as of March, potentially complicating the outlook for monetary policy and real income growth.

Investors and policymakers will be watching upcoming releases closely to determine whether March’s move marks the beginning of a new upward trend in inflation or a temporary bump in Brazil’s recent disinflation path.