Brazil Inflation Hits 4.8% in May 2026, Pressuring Central Bank to Hold Rates at 12.25%

Brazil CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Brazil’s CPI rose to 4.8% in May 2026, above the central bank’s target, according to IBGE (June 2026). The Central Bank of Brazil held the Selic rate at 12.25%, with the next decision scheduled for 31 July 2026. GDP grew 0.8% … Read more