Consumer prices in Sao Paulo, Brazil's most populous city, were up by 0.43% over the prior month in April 2023, down from a 0.39% rise in March, which was the softest in six months. Figures came above market estimates of 0.39%. Prices accelerated for health (2.05% vs 0.32% in March), clothing (0.97% vs 0.84%) and food (0.86% vs 0.59%), but slowed down for transportation (0.35% vs 1.08%) and education (0.16% vs 0.21%). source: FIPE - Fundacao Instituto de Pesquisas Economicas

IPC-Fipe Inflation MoM in Brazil averaged 4.35 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 May of 2023.

IPC-Fipe Inflation MoM in Brazil is expected to be 0.30 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 0.40 percent in 2024 and 0.50 percent in 2025, according to our econometric models.

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Brazil IPC-Fipe Inflation MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-04-04 08:00 AM Mar 0.39% 0.43% 0.47% 0.4%
2023-05-04 08:00 AM Apr 0.43% 0.39% 0.39% 0.4%
2023-06-02 08:00 AM May 0.43% 0.3%


Related Last Previous Unit Reference
IPC-Fipe Inflation MoM 0.43 0.39 percent Apr 2023

Brazil IPC-Fipe Inflation MoM
In Brazil, the IPC-Fipe Inflation MoM measures month-on-month inflation within the boundaries of the city of Sao Paulo and does not include prices in the wider metropolitan area. Economists see the FIPE index as an early gauge of Brazil's benchmark IPCA inflation index, which the central bank targets when setting interest rates. The Consumer Prices Index for the City of São Paulo is the most traditional indicator of the evolution of the cost of living of families in São Paulo city and one of the oldest indicators in Brazil. It was first calculated on January 1939 by the Statistics and Documentation Division of the São Paulo City Government. In 1968, the duty of calculating the index was transferred to the Institute of Economic Research linked to the Economics Department of USP and later on to Fipe, after its creation in 1973.
Actual Previous Highest Lowest Dates Unit Frequency
0.43 0.39 79.11 -2.09 1950 - 2023 percent Monthly
NSA

News Stream
Sao Paulo Consumer Prices Rise Faster in April
Consumer prices in Sao Paulo, Brazil's most populous city, were up by 0.43% over the prior month in April 2023, down from a 0.39% rise in March, which was the softest in six months. Figures came above market estimates of 0.39%. Prices accelerated for health (2.05% vs 0.32% in March), clothing (0.97% vs 0.84%) and food (0.86% vs 0.59%), but slowed down for transportation (0.35% vs 1.08%) and education (0.16% vs 0.21%).
2023-05-04
Sao Paulo Consumer Price Inflation Hits 6-Month Low
Consumer prices in Sao Paulo, Brazil's most populous city, were up by 0.39% over the previous month in March of 2023, down from a 0.43% rise in February and below market estimates of 0.47%. It was the smallest increase in consumer prices since September last year, as prices slowed down for clothing (0.84% vs 1.09% in February); personal care (0.17% vs 0.24%) and education (0.21% vs 0.32%). Concomitantly, housing costs edged down (-0.07% vs 0.61%). Meanwhile, prices advanced faster for transportation (1.08% vs 0.21%); food (0.59% vs 0.36%) and health (0.32% vs 0.15%).
2023-04-04
Sao Paulo Consumer Price Inflation at 5-Month Low
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 smallest 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%).
2023-03-02