Brazil's consumer price inflation rose to 4.31 percent year-on-year in December 2019 from 3.27 percent in the previous month and above market expectations of 4.23 percent. That was the highest rate since May, driven by food & beverages (6.37 percent vs 3.35 percent in November), transport (3.57 percent vs 1.45 percent), health (5.41 percent vs 5.30 percent), personal expenses (4.67 percent vs 4.02 percent), and communication (1.07 percent vs 0.41 percent). Meanwhile, inflation slowed for housing (3.90 percent vs 4.60 percent), clothing (0.74 percent vs 1.89 percent), and education (4.75 percent vs 4.77 percent). On a monthly basis, consumer prices climbed 1.15 percent, the highest rate for a December month since 2002, mainly boosted by food & beverages, transport and personal expenses. Considering 2019 full year, the average inflation picked up to 4.31 percent from 3.75 percent in 2018.

Inflation Rate in Brazil averaged 339.94 percent from 1980 until 2019, 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. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Inflation Rate in Brazil is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Brazil to stand at 3.60 in 12 months time. In the long-term, the Brazil Inflation Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.

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Brazil Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.31 3.27 6821.31 1.65 1980 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-09 12:00 PM Sep 2.89% 3.43% 2.97% 3.1%
2019-11-07 12:00 PM Oct 2.54% 2.89% 2.52% 2.5%
2019-12-06 12:00 PM Nov 3.27% 2.54% 3.23% 2.5%
2020-01-10 12:00 PM Dec 4.31% 3.27% 4.23% 3.5%
2020-02-07 12:00 PM Jan 4.31% 4%

News Stream
Brazil November Inflation Rate Rises to 3-Month High
The annual inflation rate in Brazil rose to 3.27 percent in November 2019 from 2.54 percent in the previous month and above market expectations of a 3.23 percent gain boosted by food & beverages and transportation. On a monthly basis, consumer prices went up 0.51 percent, after a 0.1 percent rise in October and compared with forecasts of a 0.46 percent increase. It was the biggest gain for a November month since 2015, driven by food & beverages and personal expenses (1.24 percent from 0.20 percent), led by gambling due to readjustments in betting prices effective from November 10th.

Brazil Inflation Rate at 2-Year Low
Annual inflation rate in Brazil fell for the second straight month to 2.54 percent in October of 2019 from 2.89 percent in September and compared with market expectations of 2.52 percent. It is the lowest inflation rate since September of 2017. On a monthly basis, consumer prices edged up 0.1 percent after being nearly flat in the previous period, mainly due to higher cost for fuels, airline tickets and clothing.

Brazil Inflation Rate Slows to 16-Month Low in September
The annual inflation rate in Brazil dropped to 2.89 percent in September 2019 from 3.43 percent in August and below market forecasts of 2.97 percent. It was the lowest inflation rate since May last year, amid a slowdown in cost of food & non-alcoholic beverages, transport and housing.

Brazil Inflation Rate Rises to 3-Month High in August
The annual inflation rate in Brazil rose to 3.43 percent in August 2019 from 3.22 percent in the previous month and slightly below market consensus of 3.44 percent. Prices went up further mainly due to cost of transport and housing. On a monthly basis, consumer prices increased 0.11 percent, easing from a 0.19 percent gain in July and matching expectations.

Brazil Inflation Rate Dips Further to 3.22% in July
The annual inflation rate in Brazil fell to 3.22 percent in July 2019 from 3.37 percent in the previous month and below market expectations of 3.28 percent. It was the lowest inflation rate since May last year, as prices slowed mostly for transport and housing.

Brazil June Inflation Rate at Over 1-Year Low
The annual inflation rate in Brazil decreased to 3.37 percent in June 2019 from 4.66 percent in the previous month but slightly above market consensus of 3.33 percent. It was the lowest inflation rate since May last year, amid a slowdown in cost of food and non-alcoholic beverages, housing and transport. On a monthly basis, consumer prices rose 0.01 percent, easing from a 0.13 percent gain in May but higher than market expectations of a 0.03 percent fall.

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: 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.

Brazil Prices Last Previous Highest Lowest Unit
Inflation Rate 4.31 3.27 6821.31 1.65 percent [+]
Inflation Rate Mom 1.15 0.51 82.39 -0.51 percent [+]
Consumer Price Index CPI 5320.25 5259.76 5320.25 0.00 points [+]
Core Inflation Rate 3.41 3.48 9.45 2.69 percent [+]
GDP Deflator 3.00 3.80 2736.97 3.00 percent [+]
Producer Prices 827.01 808.10 827.01 0.00 points [+]
Export Prices 122.59 125.81 187.34 65.75 points [+]
Import Prices 114.25 114.71 145.42 59.42 points [+]
Food Inflation 6.36 3.35 5266.83 -2.30 percent [+]
Producer Prices Change 3.30 2.60 6719.66 -4.77 percent [+]
CPI Housing Utilities 9130.68 9206.17 9206.17 0.00 points [+]
CPI Transportation 5060.03 4983.29 5060.03 0.00 points [+]