Brazil IGP-DI Inflation Jumps 1.50% in September, FGV Says

Brazil's IGP-DI rose 1.50% in September, the largest monthly gain since April, after a 0.06% increase in August. The acceleration is attributed to temporary factors, and FGV expects the pace to moderate in coming months. This signals a potential near-term inflation uptick in Brazil, but the central bank's reaction will depend on persistence.