Consumer Price Index CPI in Brazil increased to 5320.25 points in December from 5259.76 points in November of 2019. Consumer Price Index CPI in Brazil averaged 1810.52 points from 1979 until 2019, reaching an all time high of 5320.25 points in December of 2019 and a record low of 0 points in January of 1980. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Consumer Price Index CPI in Brazil is expected to be 5369.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in Brazil to stand at 5512.00 in 12 months time. In the long-term, the Brazil Consumer Price Index (CPI) is projected to trend around 5916.00 points in 2020, according to our econometric models.
Brazil Consumer Price Index (CPI)
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.