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Brazil Inflation Rate Drops to 21-Year Low
Brazil's annual inflation rate eased to 2.4 percent in April 2020 from 3.3 percent in the previous and below market expectations of 2.5 percent. That was the lowest inflation rate since February 1999, as a sharp depreciation in the real was offset by a fall in fuel prices amid the coronavirus pandemic.
Published on 2020-05-08

Brazil Inflation Rate Slows to 4-Month Low in March
The annual inflation rate in Brazil dropped to 3.3 percent in March 2020 from 4.0 percent in the previous month and slightly below market forecast of 3.38 percent. Prices eased for food & beverages (4.87% vs 5.12% in February); transport (1.61% vs 4%); housing (3.29% vs 3.41%); health (4.83% vs 5.05%); personal expenses (4.13% vs 4.53%); and clothing (0.77% vs 1.01%). Meanwhile, cost rose further for education (5.25% vs 4.96%) and communication (1.62% vs 1.36%). On a monthly basis, consumer prices went up 0.07 percent, slowing from a 0.25 percent gain in the prior month. It was the lowest monthly inflation rate for a March month since the country’s “Real Plan” that was launched in 1994, as cost of personal expenses fell (-0.23% vs 0.31%) and prices declined at a faster pace for transport (0.9% vs -0.23%) and household equipment (-1.08% vs -0.08%). In contrast, cost of housing rebounded (0.13% vs -0.39%) and food & beverages prices advanced further (1.13% vs 0.11%).
Published on 2020-04-09

Brazil February Inflation Rate Eases to 3-Month Low
The annual inflation rate in Brazil fell to 4.0 percent in February 2020 from 4.19 percent in January but above market expectations of 3.9 percent. Prices slowed for food & beverages (5.12% vs 5.83% in January); housing (3.41% vs 4.21%) and clothing (1.01% vs 1.42%). In contrast, cost advanced further for transport (4% vs 3.88%); personal expenses (4.53% vs 4.4%); health (5.05% vs 4.81%); education (4.96% vs 4.79%); and communication (1.36% vs 1.15%). On a monthly basis, consumer prices rose 0.25 percent, after a 0.21 percent gain in January and above forecasts of a 0.15 percent increase. It was the lowest monthly inflation rate for a February month since 2000, as cost dropped for transport (-0.23% vs 0.32%) and housing (-0.39% vs 0.55%). Also, prices fell further for clothing (-0.73% vs -0.48%) and furnishing and household equipment (-0.08% vs -0.07%); and eased for food & beverages (0.11% vs 0.39%) and personal expenses (0.31% vs 0.35%).
Published on 2020-03-11

Brazil Inflation Rate Weaker than Expected in January
Brazil's consumer price inflation dropped to 4.19 percent year-on-year in January 2020 from a seven-month high of 4.31 percent in the previous month and below market expectations of 4.32 percent. The highest rates were recorded in Belém (5.61 percent), Fortaleza (5.14 percent) and Goiânia (4.65 percent), while the lowest were seen in Vitória (3.31 percent), Brasília (3.57 percent) and Rio de Janeiro (3.60 percent). Prices rose at a softer pace for food & beverages (5.83 percent vs 6.37 percent), health (4.81 percent vs 5.41 percent) and personal expenses (4.40 percent vs 4.67 percent). Meanwhile, inflation picked up for transport (3.88 percent vs 3.57 percent), housing (4.21 percent vs 3.90 percent), communication (1.15 percent vs 1.07 percent), clothing (1.42 percent vs 0.74 percent) and education (4.79 percent vs 4.75 percent).
Published on 2020-02-07

Brazil Inflation Rate Jumps to 7-Month High
Brazil's consumer price inflation rose to 4.31 percent year-on-year in December 2019 from 3.27 percent in the previous month and above market expectations of 4.23 percent. That was the highest rate since May, driven by food & beverages (6.37 percent vs 3.35 percent in November), transport (3.57 percent vs 1.45 percent), health (5.41 percent vs 5.30 percent), personal expenses (4.67 percent vs 4.02 percent), and communication (1.07 percent vs 0.41 percent). Meanwhile, inflation slowed for housing (3.90 percent vs 4.60 percent), clothing (0.74 percent vs 1.89 percent), and education (4.75 percent vs 4.77 percent). On a monthly basis, consumer prices climbed 1.15 percent, the highest rate for a December month since 2002, mainly boosted by food & beverages, transport and personal expenses. Considering 2019 full year, the average inflation picked up to 4.31 percent from 3.75 percent in 2018.
Published on 2020-01-10

Brazil November Inflation Rate Rises to 3-Month High
The annual inflation rate in Brazil rose to 3.27 percent in November 2019 from 2.54 percent in the previous month and above market expectations of a 3.23 percent gain boosted by food & beverages and transportation. On a monthly basis, consumer prices went up 0.51 percent, after a 0.1 percent rise in October and compared with forecasts of a 0.46 percent increase. It was the biggest gain for a November month since 2015, driven by food & beverages and personal expenses (1.24 percent from 0.20 percent), led by gambling due to readjustments in betting prices effective from November 10th.
Published on 2019-12-06

Brazil Inflation Rate at 2-Year Low
Annual inflation rate in Brazil fell for the second straight month to 2.54 percent in October of 2019 from 2.89 percent in September and compared with market expectations of 2.52 percent. It is the lowest inflation rate since September of 2017. On a monthly basis, consumer prices edged up 0.1 percent after being nearly flat in the previous period, mainly due to higher cost for fuels, airline tickets and clothing.
Published on 2019-11-07

Brazil Inflation Rate Slows to 16-Month Low in September
The annual inflation rate in Brazil dropped to 2.89 percent in September 2019 from 3.43 percent in August and below market forecasts of 2.97 percent. It was the lowest inflation rate since May last year, amid a slowdown in cost of food & non-alcoholic beverages, transport and housing.
Published on 2019-10-09

Brazil Inflation Rate Rises to 3-Month High in August
The annual inflation rate in Brazil rose to 3.43 percent in August 2019 from 3.22 percent in the previous month and slightly below market consensus of 3.44 percent. Prices went up further mainly due to cost of transport and housing. On a monthly basis, consumer prices increased 0.11 percent, easing from a 0.19 percent gain in July and matching expectations.
Published on 2019-09-06

Brazil Inflation Rate Dips Further to 3.22% in July
The annual inflation rate in Brazil fell to 3.22 percent in July 2019 from 3.37 percent in the previous month and below market expectations of 3.28 percent. It was the lowest inflation rate since May last year, as prices slowed mostly for transport and housing.
Published on 2019-08-08

Brazil June Inflation Rate at Over 1-Year Low
The annual inflation rate in Brazil decreased to 3.37 percent in June 2019 from 4.66 percent in the previous month but slightly above market consensus of 3.33 percent. It was the lowest inflation rate since May last year, amid a slowdown in cost of food and non-alcoholic beverages, housing and transport. On a monthly basis, consumer prices rose 0.01 percent, easing from a 0.13 percent gain in May but higher than market expectations of a 0.03 percent fall.
Published on 2019-07-10

Brazil Annual Inflation Rate Eases to 4.66% in May
The inflation rate in Brazil fell to 4.66 percent in May 2019 from over 2-year high of 4.94 percent in the previous month as cost of food and non-alcoholic beverages and transport grew at a slower pace.
Published on 2019-06-07

Brazil April Inflation Rate at Over 2-Year High of 4.94%
The annual inflation rate in Brazil rose to 4.94 percent in April 2019 from 4.58 percent in the previous month and slightly below market expectations of 5.0 percent. It was the highest inflation rate since January 2017, boosted by cost of food and non-alcoholic beverages and transport.
Published on 2019-05-10

Brazil Annual Inflation Rate at Over 2-Year High in March
The annual inflation rate in Brazil increased to 4.58 percent in March 2019 from 3.89 percent in the previous month and above market expectations of 3.85 percent. It was the highest inflation rate since February 2017, mainly driven by cost of food and non-alcoholic beverages and transport.
Published on 2019-04-10

Brazil Annual Inflation Rate at 3-Month High in February
The annual inflation rate in Brazil rose to 3.89 percent in February of 2019 from 3.78 percent in the previous month. It is the highest inflation rate in three months, mostly due to higher cost of food and non-alcoholic beverages.
Published on 2019-03-12

Brazil Inflation Rate Barely Unchanged at 3.78%
Annual inflation rate in Brazil was nearly steady at 3.78 percent in January of 2019 from 3.75 percent in December, compared to market expectations of 3.7 percent. Food inflation was the highest since February of 2017 while fuel prices slowed sharply, manly due to gasoline.
Published on 2019-02-08

Brazil December Inflation Rate at 7-Month Low of 3.75%
The annual inflation rate in Brazil dropped to 3.75 percent in December of 2018 from 4.05 percent in November, slightly above market expectations of 3.70 percent. It is the lowest inflation rate since May, as prices slowed mostly for food and fuels. The inflation rate finished 2018 within the central bank target of 4.5 percent plus or minus 1.5 percentage points and above 2.95 percent in 2017.
Published on 2019-01-11

Brazil Inflation Rate Lowest in 6 Months
Annual inflation rate in Brazil eased to 4.05 percent in November of 2018 from 4.56 percent in October and below market expectations of 4.19 percent. It is the lowest inflation rate in six months, due to slowing prices for electricity and fuels. So far this year, inflation was 3.59 percent, above 2.5 percent in the same period of 2017. On a monthly basis, consumer prices fell 0.21 percent, following a 0.45 percent rise in the previous month and worse than market expectations of a 0.1 percent drop. It is the biggest monthly decline in consumer prices since June of 2017 and the sharpest for a November month since at least 1994.
Published on 2018-12-07

Brazil October Inflation Rate at Over 1-1/2-Year High
Annual inflation rate in Brazil rose to 4.56 percent in October of 2018 from 4.53 percent in September, below market expectations of 4.66 percent. It is the highest inflation rate since March 2017. Main upward pressure came from prices of food and fuels.
Published on 2018-11-07

Brazil Inflation Rate at 1-1/2-Year High
Annual inflation rate in Brazil increased to 4.53 percent in September of 2018 from 4.19 percent in August, above market expectations of 4.45 percent. It is the highest inflation rate since March of 2017, mainly driven by higher oil and food prices and reaching the midpoint of the central bank's target range of 4.5 percent +/- 1.5 percent.
Published on 2018-10-05