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. Inflation Rate in Brazil averaged 345.78 percent from 1980 until 2019, reaching an all time high of 6821.31 percent in April of 1990 and a record low of 1.65 percent in December of 1998.

Inflation Rate in Brazil is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Brazil to stand at 4.10 in 12 months time. In the long-term, the Brazil Inflation Rate is projected to trend around 3.70 percent in 2020, according to our econometric models.

Brazil Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-08 11:00 AM Inflation Rate YoY 3.78% 3.75% 3.7% 3.7%
2019-03-12 12:00 PM Inflation Rate YoY 3.89% 3.78% 3.7%
2019-04-10 12:00 PM Inflation Rate YoY 4.58% 3.89% 3.85% 3.8%
2019-05-10 12:00 PM Inflation Rate YoY 4.94% 4.58% 5% 4.8%
2019-06-07 12:00 PM Inflation Rate YoY 4.94% 4.6%
2019-07-10 12:00 PM Inflation Rate YoY 3.6%
2019-08-08 12:00 PM Inflation Rate YoY



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.

Year-on-year, prices increased further for food and non-alcoholic beverages (7.31 percent compared to 6.74 percent in March); transport (4.67 percent compared to 3.7 percent), namely fuels (5.42 percent compared to 2.92 percent); housing (6.18 percent compared to 6.1 percent); personal expenses (4.45 percent compared to 3.51 percent); education (4.91 percent compared to 4.89 percent); and health (4.45 percent compared to 3.84 percent). Also, cost of communication was unchanged, after declining 0.1 percent in March. Meanwhile, cost slowed for household goods (3.84 percent compared to 4.31 percent) and clothing and footwear (0.16 percent compared to 0.6 percent).

On a monthly basis, consumer prices advanced 0.57 percent, easing from a 0.75 percent rise in the prior month and below market forecasts of 0.63 percent. Prices went up at a softer pace for food and non-alcoholic beverages (0.63 percent compared to 1.37 percent in March), namely beans (-9.09 percent) and fruits (-0.71 percent); transport (0.94 percent compared to 1.44 percent), of which air tickets (5.32 percent) and bus tickets (0.74 percent); and clothing and footwear (0.18 percent compared to 0.45 percent). Additionally, cost of household goods decreased 0.24 percent, after a 0.27 percent gain.


IBGE | Stefanie Moya | stefanie.moya@tradingeconomics.com
5/10/2019 12:18:34 PM


News

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. Prices increased further 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 Prices Last Previous Highest Lowest Unit
Inflation Rate 4.94 4.58 6821.31 1.65 percent [+]
Inflation Rate Mom 0.57 0.75 82.39 -0.51 percent [+]
Consumer Price Index CPI 5206.98 5177.47 5206.98 0.00 Index Points [+]
Core Inflation Rate 4.03 3.80 9.45 2.69 percent [+]
GDP Deflator 3.00 3.80 2736.97 3.00 percent [+]
Producer Prices 785.25 776.78 785.25 0.00 Index Points [+]
Export Prices 126.19 122.53 187.34 65.75 Index Points [+]
Import Prices 117.60 117.82 145.42 59.42 Index Points [+]
Food Inflation 7.31 6.74 5266.83 -2.30 percent [+]
Producer Prices Change 10.30 9.70 6719.66 -4.77 percent [+]
CPI Housing Utilities 8886.27 8865.00 8886.27 0.00 Index Points [+]
CPI Transportation 5004.07 4957.47 5004.07 0.00 Index Points [+]


Brazil Inflation Rate

In Brazil, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories of the index are: Food and beverages (26 percent of the total weight); transport (18 percent); housing (15 percent); health care (12 percent); and personal expenses (11 percent). Also, clothing accounts for 6 percent; education for 5 percent; household goods for 4 percent; and communication for 4 percent. Data is collected in the Metropolitan Areas of São Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre, Belém, Fortaleza, Recife, Salvador and Curitiba and in the cities of Goiânia and Brasília. This page provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.94 4.58 6821.31 1.65 1980 - 2019 percent Monthly




Country Last Previous
Argentina 55.80 Apr/19
Australia 1.30 Mar/19
Brazil 4.94 Apr/19
Canada 2.00 Apr/19
China 2.50 Apr/19
Euro Area 1.70 Apr/19
France 1.30 Apr/19
Germany 2.00 Apr/19
India 2.92 Apr/19
Indonesia 2.83 Apr/19
Italy 1.10 Apr/19
Japan 0.90 Apr/19
Mexico 4.41 Apr/19
Netherlands 2.90 Apr/19
Russia 5.20 Apr/19
Saudi Arabia -1.90 Apr/19
Singapore 0.80 Apr/19
South Africa 4.40 Apr/19
South Korea 0.60 Apr/19
Spain 1.50 Apr/19
Switzerland 0.70 Apr/19
Turkey 19.50 Apr/19
United Kingdom 2.10 Apr/19
United States 2.00 Apr/19


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