Brazil's producer price inflation in the manufacturing sector weakened in April, data released by statistical office IBGE showed Tuesday.
Inflation as per the manufacturing producer price index increased 5.48 percent year-on-year in April, following the previous month's 6.65 percent growth.
The annual growth in prices was driven by a 5.82 percent rise in food prices, and an 8.35 percent increase in the petroleum refining and alcohol production industry. There was a 9.11 percent gain in costs of other chemicals and a 4.39 percent rise in prices of machinery and equipment.
On a monthly basis, factory gate prices moved up 0.35 percent in April, faster than the 0.04 percent gain seen in March and February, data showed.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.