Producer prices in Brazil dropped by 0.30 percent month-over-month in February 2023 after rising by 0.29 percent in January, led by declines in the cost of intermediate (-0.69 percent vs 0.33 percent in January) and capital goods (-0.22 percent vs -0.25 percent). By contrast, upward pressure came from non-durable (0.36 percent vs 0.27 percent) and durable consumer goods (0.13 percent vs 0.78 percent). On a yearly basis, producer price inflation slowed further to 1.38 percent in February, the lowest since October 2019.
Producer Price Inflation MoM in Brazil averaged 0.71 Percent from 2014 until 2023, reaching an all time high of 5.16 Percent in February of 2021 and a record low of -3.04 Percent in August of 2022. This page includes a chart with historical data for Brazil Producer Price Inflation Mom. Brazil Producer Price Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Producer Price Inflation MoM in Brazil is expected to be -0.10 Percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Producer Price Inflation Mom is projected to trend around 0.30 Percent in 2024, according to our econometric models.