Official data showed Brazil's consumer prices rose 4.58 percent in the year to September, above the 4.5 percent ceiling of the central bank's target band, ahead of the 25 October runoff.
Brazil's annual inflation rate in September moved above the target ceiling on higher electricity prices, Bloomberg reported on Friday, citing official data. Consumer prices rose 4.58 percent from a year earlier, above the 4.5 percent median in a Bloomberg analyst survey. Monthly inflation was 0.82 percent.
The central bank targets 3 percent inflation, with a tolerance band of 1.5 percentage points on either side, so the ceiling is 4.5 percent. The 4.58 percent reading is therefore outside that band. Bloomberg linked the print to household strain before the presidential runoff on 25 October.
The report attributed the breach in part to electricity prices. It did not publish the full category table or the statistics agency's name in the text available here. The figures are presented as official data released Friday.
Crossing the ceiling does not by itself change the policy rate. No central-bank statement was included in the Bloomberg account used here.
Voters choose a president on 25 October. The inflation print is one input into that campaign, not a forecast of the result.