September inflation was 0.82%, but coffee fell, beer barely rose in the month and wine posted the biggest increase among drinks
Ground coffee got 17.80% cheaper in the 12 months through September, according to the IPCA, Brazil's official inflation index, released by IBGE on October 9. In September alone, the price of ground coffee bought for home consumption fell 1.09%. Year to date, the accumulated drop reaches 16.19%, while the overall index rose 3.95%.
September's IPCA was 0.82%, and 12-month inflation reached 4.58%. The food and beverages group rose 0.83% in the month, but the beverages and infusions subgroup fell 0.26% and is down 3.91% over 12 months. Instant coffee also declined: 0.09% in the month, 1.70% over 12 months and 6.33% year to date. According to Guia da Cerveja, the biggest pressure on the month's index came from residential electricity, which rose 7.98% with the end of the Itaipu credit.
Beer bought to drink at home rose just 0.03% in September, well below the month's inflation. Over 12 months, however, it is up 4.82%, above the overall index; year to date, it is up 2.53%. According to Guia da Cerveja, it was the third straight monthly increase, after 0.76% in July and 0.83% in August, and the gap to the IPCA in the month, 0.79 percentage point, was the widest since April.
Away from home, in bars and restaurants, beer rose 0.16% in the month and 3.85% over 12 months. Soft drinks and mineral water, which IBGE measures together, rose 0.27% at home and 0.28% away from home in September; over 12 months, the increases are 5.24% and 5.16%.
Wine went the opposite way from coffee: it rose 1.58% in September for home consumption, the biggest increase among drinks in the month, but is up just 0.89% over 12 months. At restaurants, wine fell 0.93% in the month and is up 4.12% over 12 months. The other alcoholic beverages item fell 0.57% at home in the month and was practically flat over 12 months, up 0.11%; away from home, it rose 0.05% in the month and 4.33% over 12 months.
Sources: IBGE (October 9, 2026), Guia da Cerveja (October 14, 2026).
