In May, consumer prices increased 0.36% over the previous month, which was below both the 0.64% rise recorded in April and market expectations of a 0.43% price increase. The result mainly reflected an increase in prices for food and housing. Despite the monthly price rise, annual headline inflation eased for the eighth consecutive month, inching down from 5.1% in April to 5.0% in May, and thus settling within the Central Bank
Inflation continues to edge down in May
June 6, 2012
Looking for forecasts related to Inflation in Brazil? Download a sample report now.
Brazil Inflation Chart
Note: Annual and monthly var. of IPCA consumer price index in %.
Source: Brazilian Institute of Geography and Statistics (IBGE).
Brazil Economic News
October 19, 2016
At its 19 October meeting, the Central Bank’s Monetary Policy Committee (COPOM, Comite de Politica Monetaria) decided to cut the benchmark SELIC interest rate for the first time in four years, lowering it from 14.25% to 14.00%.
October 18, 2016
Retail sales (excluding cars and construction) fell 0.6% in August from the previous month in seasonally-adjusted terms.
October 7, 2016
Consumer prices in September increased 0.08% over the previous month, the lowest rise since July 2014.
October 4, 2016
In August, industrial production plunged 3.8% over the previous month in seasonally-adjusted terms, which significantly contrasted the 0.1% expansion recorded in July and marked the worst result since January 2012.
October 3, 2016
The Markit manufacturing Purchasing Managers’ Index (PMI) rose slightly in September, increasing from August’s 45.7 to 46.0.