Brazil's IPCA-15 consumer price index fell by 0.73% in the month to mid-August of 2022, following a 0.13% rise in the previous month, while analysts expected it to decrease by 0.81%. It was the first decline in IPCA-15 consumer prices since May of 2020 and the most on record, led by transport (-5.24%), on lower gasoline and ethanol prices. Housing (-0.37%) and communication (-0.30%) also contributed. As for the regions, the biggest changes occurred in Belo Horizonte (-1.58%) and Recife (-1.44%). source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Mid-month Inflation Rate MoM in Brazil averaged 0.52 percent from 2000 until 2022, reaching an all time high of 3.05 percent in December of 2002 and a record low of -0.73 percent in August of 2022. This page includes a chart with historical data for Brazil Mid-month Inflation Rate MoM. Brazil Mid-month Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Mid-month Inflation Rate MoM in Brazil is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Mid-month Inflation Rate MoM is projected to trend around 0.40 percent in 2023, according to our econometric models.