Brazil inflation and economic projections for 2026

Market projections for Brazil's economy in 2026 show a median IPCA inflation rate of 5.22%, which is 0.72 percentage points above the Central Bank's 4.50% target. The median estimate for GDP growth in 2026 has slightly decreased from 1.85% to 1.83%.

In the Curitiba region, the IPCA rose 0.63% in September, notably lower than the national increase of 0.82%. Over the 12-month period from October 2025 to September 2026, Curitiba and its metropolitan area recorded an inflation rate of 2.72%, compared to the national average of 4.58%.

Specific price fluctuations in Curitiba included a 45.73% increase in tomatoes and a 26.17% rise in potatoes. Conversely, cabbage prices fell by 11.03%. Residential electricity in Paraná saw an 8.69% increase, while food at home in the Curitiba region accumulated a 4.67% rise between January and September.