Brazil used-vehicle prices flat in August, deceleration trend persists

Brazil's IBV Auto index for used light vehicles rose just -0.01% in August, the smallest change since April 2024, confirming a slowdown that began in July. Year-to-date appreciation through August is 3.55%, down from 3.74% a year earlier, and 12-month appreciation eased to 5.12% from 6.10%. The data points to cooling consumer demand and softer inflation in the used-car segment, a marginal signal for Brazilian inflation dynamics.