FX.co ★ Brazil Mid-Month CPI Edges Up to 4.80% YoY in June, Topping May Reading

Brazil’s mid-month consumer inflation accelerated in June, with the year-over-year CPI measure rising to 4.80%, up from 4.64% in May 2026. The latest reading, updated on 25 June 2026, points to a modest uptick in price pressures compared with the same month a year earlier.

The indicator is calculated on a year-over-year basis, meaning June’s figure reflects how much prices have changed relative to June of the previous year, while May’s figure was measured against May a year earlier. The move from 4.64% to 4.80% suggests inflationary momentum remains present in mid-month data, a detail closely watched by markets and policymakers for clues on the future path of Brazilian interest rates and monetary policy.