Brazil Inflation


Inflation slows to 19-month low in April

In April, consumer prices increased 0.64% over the previous month, which virtually tripled the 0.21% rise recorded in March and was above market expectations of a 0.58% price increase. The result mainly reflected an increase in prices of cigarettes as well as of medicines. Despite the monthly price rise, annual headline inflation moderated for the seventh consecutive month, inching down from 5.2% in March to 5.1% in April, and thus settling within the Central Bank


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Brazil Inflation Chart

Brazil Inflation April 2012

Note: Annual and monthly var. of IPCA consumer price index in %.
Source: Brazilian Institute of Geography and Statistics (IBGE).

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