Brazil: Mid-Month Inflation Eases in June.

Consumer prices in Brazil rose 0.41% month-over-month in the first half of June 2026, slowing from 0.62% in May and coming in slightly below forecasts of 0.44%. Cost of food and beverages eased to 0.74% from 1.38%, as prices of food consumed at home decelerated to 0.87% from 1.73%. Housing inflation also fell to 0.72% from 1.03% in May. In health and personal care, prices rose 0.47%, easing from 1.05% in the previous month. Transportation fell 0.03% after declining 0.33% in May, as lower fuel prices offset increases in airfares and public transportation. Regionally, Brasilia posted the highest increase at 0.93%, driven by airfares and gasoline, while Rio de Janeiro, Curitiba, and Salvador recorded the lowest readings at 0.28%. Mid-month inflation reached 3.45% year-to-date and 4.80% over the last 12 months.