Brazil basic basket prices fall in 25 of 27 state capitals in August 2026

Dieese data shows the cost of a basic food basket declined in 25 of 27 Brazilian state capitals in August 2026, with São Paulo the most expensive at R$ 900.59. The implied minimum wage needed to cover the basket rose to R$ 7,565.86, indicating a divergence between falling food prices and the statutory minimum wage. This suggests easing food inflation pressure, though the gap between the required and actual minimum wage remains a policy concern.