Brazil IPC-S inflation cools to 0.49% in second September fortnight

Brazil's IPC-S price index rose 0.49% in the second fortnight of September, down from 0.51% in the first fortnight, with 12-month accumulation at 3.76%. The slowdown was driven by a sharp deceleration in Miscellaneous Expenses (2.89% to 1.83%) and a deepening decline in Education, Reading and Recreation (-0.95% to -1.34%), while Transport data was cut off. The reading suggests easing inflationary pressure in Brazil, though the trend is modest and within a narrow range.