Consumer prices in Sao Paulo, Brazil's most populous city, rose by 0.43% over the previous month in February of 2023, down from a 0.63% increase in January and below market estimates of 0.84%. It was the smaller increase in consumer prices since September last year, amid a sharp slowdown in the cost of education (0.32% vs 5.57% in January). Prices also softened for transportation (0.21% vs 0.77%), health (0.15% vs 0.49%) and housing (0.61% vs 0.68%). Meanwhile, food prices advanced at the same pace as in January (0.36%). source: FIPE - Fundacao Instituto de Pesquisas Economicas
IPC-Fipe Inflation MoM in Brazil averaged 4.36 percent from 1950 until 2023, reaching an all time high of 79.11 percent in March of 1990 and a record low of -2.09 percent in November of 1950. This page includes a chart with historical data for Brazil IPC-Fipe Inflation MoM. Brazil IPC-Fipe Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
IPC-Fipe Inflation MoM in Brazil is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil IPC-Fipe Inflation MoM is projected to trend around 0.30 percent in 2024 and 0.50 percent in 2025, according to our econometric models.