Core consumer prices in Brazil increased 3.67 percent in January of 2019 over the same month in the previous year. Core Inflation Rate in Brazil averaged 5.91 percent from 2010 until 2019, reaching an all time high of 9.45 percent in December of 2015 and a record low of 2.69 percent in May of 2018.
Core Inflation Rate in Brazil is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Brazil to stand at 3.60 in 12 months time. In the long-term, the Brazil Core Inflation Rate is projected to trend around 3.70 percent in 2020, according to our econometric models.