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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil Producer Price Index YoY climbed to 1.07% in April 2026
FMPMonthlyReleased May 2026
Brazil Producer Price Index YoY climbed to 1.07% in April 2026, released May 2026, up 2.7% from March's -1.63% reading. The print exceeded the -1.2% consensus by 2.27%. Producer Price Index YoY has now risen for 3 consecutive months. Over the past 3 months, Producer Price Index YoY averaged -3.45%, vs -3.24% in the prior 3-month window. Producer Price Index YoY is now the highest in 7 months.
Latest Release
1.07
Actual
-1.2
Consensus
-1.63
Previous
Median Absolute Error
±0.42 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -1.08
Actual: 1.07
Error: -2.15
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Producer Price Index YoY (Brazil) was reported at 1.07% in May 2026. This beat the market consensus of -1.2% by 2.27%. The reading rose from the previous value of -1.63%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -1.38%, ranging from -4.53% to 3.24% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged -2.58%, up from the prior three at -3.24%.
THE MODEL'S TAKE
Over the last 12 releases, the Sigmacast model's median absolute error is 0.42%.
WHAT TO WATCH NEXT
The next release is scheduled for July 3, 2026. Same-country events in the next 14 days include Interest Rate Decision (Jun 17) and CFTC BRL speculative net positions (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Producer Price Index YoY - BR
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About Producer Price Index YoY — Brazil
DEFINITION
Brazil's Producer Price Index YoY surged to 1.070% in May, sharply beating the -1.20% estimate and reversing April's -1.54% decline. This marks a significant turnaround from April's contraction, signaling renewed inflationary pressures in the producer sector. Market focus will shift to upcoming inflation data and central bank responses amid this unexpected rebound. Updated 5/28/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 1.07 %, consensus -1.2 %. Prior reading (Mar 2026): -1.54 %. Before that (Feb 2026): -4.47 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.