Brazil IGP-DI inflation jumps to 1.50% in September, 12-month at 3.80%

Brazil's IGP-DI rose 1.50% in September, a sharp acceleration from August's 0.06%, pushing the 12-month rate to 3.80% from 2.31% a year earlier. The print came in slightly below the 1.53% median forecast, but the jump signals renewed price pressures in the wholesale/producer segment, which may feed into consumer inflation and influence the central bank's policy path.