Brazil's consumer price inflation eased for an eighth consecutive month to 5.60 percent year-on-year in February 2023, the lowest level in two years. Still, the rate came in slightly above market expectations of 5.54 percent and remained well above the central bank's 1.75-4.75 percent target range. Inflation slowed for food and beverages (9.84 percent vs 11.07 percent in January) and personal expenses (7.53 percent vs 7.74 percent), while transport prices continued to fall (-0.73 percent vs -0.64 percent). On the other hand, inflation picked up for housing (0.53 percent vs 0.25 percent) and health and personal care (12.08 percent vs 11.21 percent). On a monthly basis, consumer prices advanced 0.84 percent in February, the most since April 2022. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Inflation Rate in Brazil averaged 314.98 percent from 1980 until 2023, 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. This page provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Inflation Rate in Brazil is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Inflation Rate is projected to trend around 4.00 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Brazil Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-02-09 12:00 PM Jan 5.77% 5.79% 5.8% 5.92%
2023-03-10 12:00 PM Feb 5.6% 5.77% 5.54% 5.39%
2023-04-11 12:00 PM Mar 5.6% 5.1%


Related Last Previous Unit Reference
Inflation Rate 5.60 5.77 percent Feb 2023
Inflation Rate MoM 0.84 0.53 percent Feb 2023
Consumer Price Index CPI 6563.07 6508.40 points Feb 2023
Food Inflation 9.84 11.07 percent Feb 2023
CPI Transportation 6186.14 6163.34 points Feb 2023
CPI Housing Utilities 10974.16 10884.90 points Feb 2023

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: Transport (20 percent); Food and beverages (19 percent of the total weight) ; housing (15 percent); health care (13 percent); and personal expenses (11 percent). Also, Communication accounts for 4 percent; education for 6 percent; clothing for 5 percent; household goods 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.
Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.77 6821.31 1.65 1980 - 2023 percent Monthly

News Stream
Brazil Inflation Rate Slows for 8th Month
Brazil's consumer price inflation eased for an eighth consecutive month to 5.60 percent year-on-year in February 2023, the lowest level in two years. Still, the rate came in slightly above market expectations of 5.54 percent and remained well above the central bank's 1.75-4.75 percent target range. Inflation slowed for food and beverages (9.84 percent vs 11.07 percent in January) and personal expenses (7.53 percent vs 7.74 percent), while transport prices continued to fall (-0.73 percent vs -0.64 percent). On the other hand, inflation picked up for housing (0.53 percent vs 0.25 percent) and health and personal care (12.08 percent vs 11.21 percent). On a monthly basis, consumer prices advanced 0.84 percent in February, the most since April 2022.
2023-03-10
Brazil Inflation Rate Nears 2-Year Low
Brazil's consumer price inflation rate stood at 5.77 percent year-on-year in January 2023, little-changed from 5.79 percent in the previous month and slightly below market consensus of 5.80 percent. It was also the lowest rate since February 2021 helped by a stronger real, although it remained well above the central bank's 1.75-4.75 percent target range. Inflation slowed for both food and beverages (11.07 percent vs 11.64 percent in December) and healthcare (11.21 percent vs 11.43 percent), while transport prices continued to fall (-0.64 percent vs -1.29 percent). On the other hand, housing inflation accelerated to 0.25 percent from 0.07 percent. On a monthly basis, consumer prices advanced 0.53 percent in January, easing from a 0.63 percent rise in December.
2023-02-09
Brazil Inflation Cools to 5.8%, Lowest Since 2021
The annual inflation rate in Brazil eased to 5.79 percent in December of 2022 from 5.90 percent in the prior month, while analysts expected it to rise a softer 5.6 percent. It was the lowest reading since February 2021, as prices continued to decline for transport (-1.29 percent vs. -0.93 percent in October) while easing for food & non-alcoholic beverages (11.64 percent vs. 11.84 percent) and housing (0.07 percent vs. 0.61 percent). On the other hand, prices advanced faster for health (11.43 percent vs. 10.49 percent) and miscellaneous goods & services (7.77 percent vs. 7.71 percent). Monthly, consumer prices rose by 0.62 percent, slightly above market forecasts of a 0.45 percent gain, following a 0.41 percent gain in November.
2023-01-10