Brazil IPCA-15 food prices rise 0.40% in Sept; FGV sees no definitive trend

Brazil's September IPCA-15 preliminary inflation showed a 0.40% increase in food prices, above expectations, driven by tomatoes, rice, and meat. FGV Ibre coordinator André Braz downplays the move, stating it does not signal a sustained upward trend, though uncertainty remains. The data may influence the central bank's rate path, but the market impact is limited given the cautious official commentary.