# Brazil registers steepest monthly deflation in over quarter of a century

> Brazil's IPCA-15 consumer inflation fell 0.59% month on month in the month to mid-May, the steepest monthly decline since the Real Plan began in 1994. Transport costs fell 3.5%, with fuel down 8.5% and air fares down 27.1%. The data is an official statistics release.

- Date: 2020-05-26 · published 2020-05-26T12:00:00.000Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/7445-brazil-registers-steepest-monthly-deflation-in-over-quarter-of-a-century
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Deflation driven by weak demand and lower fuel costs signals softer domestic demand in Brazil, which has little direct effect on feed ingredient prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-08-09 | [Brazil inflation speeds up in July as central bank vows 'caution'](https://feedsoft.ai/events/11944-brazil-inflation-speeds-up-in-july-as-central-bank-vows-caution.md) | -2.5% | -0.2% |
| USDBRL | 2024-10-24 | [After two years of stagnation, global chicken meat exports are set to grow in 2025; Brazil and Thailand to benefit the most \| Garra International](https://feedsoft.ai/events/28001-after-two-years-of-stagnation-global-chicken-meat-exports-are-set-to-grow-in.md) | +1.3% | +2.2% |
| USDBRL | 2026-07-24 | [US Dollar vs Brazilian Real slides slightly after US Treasury report on Brazil's currency practices](https://feedsoft.ai/events/18566-us-dollar-vs-brazilian-real-slides-slightly-after-us-treasury-report-on-brazil.md) | -0.3% | +1.9% |
| USDBRL | 2025-01-31 | [Brazil's gross debt rises less than expected in 2024, aided by foreign reserves sale \| Reuters](https://feedsoft.ai/events/26714-brazil-s-gross-debt-rises-less-than-expected-in-2024-aided-by-foreign-reserves.md) | -2.1% | -0.2% |
| USDBRL | 2024-09-11 | [Dollar closes near stability driven by US commodities and inflation \| Brasil 247](https://feedsoft.ai/events/12468-dollar-closes-near-stability-driven-by-us-commodities-and-inflation-brasil-247.md) | -2.6% | -2.1% |

## Sources

- reuters.com: https://www.reuters.com/article/us-brazil-economy-inflation-idUSKBN2321TE/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.