Brazil’s producer prices fell 1.82% from the previous year in October 2025 after the 0.39% drop in September, marking the fastest deflation rate since April 2024. Prices fell for mining (-7.87%), wood (-7.72%), and food (-5.94%). In contrast, printing prices rose by 14.49%. Among major economic categories, producer prices rose 2.83% for capital goods, fell 4.15% for intermediate goods, and rose 0.66% for consumer goods. Within consumer goods, durable items prices increased 2.96% while those of semi-durable and non-durable goods were 0.22% higher. On a monthly basis, industrial prices fell 0.48%, the ninth straight decline, with intermediate goods exerting the strongest downward pressure.