The city on the beach in Brazil

Brazil Inflation May 2020

Brazil: Inflation declines to lowest level since January 1999 in May

Consumer prices dropped a seasonally-adjusted 0.38% in May over the previous month, a sharper drop then the 0.31% fall seen in April. May’s result marked the sharpest fall in prices since August 1998. Looking at the details of the release, housing prices fell at a quicker pace in May compared to the previous month, and prices pressures for food and beverages eased markedly. Meanwhile, prices for transportation, and health and personal care both fell at moderate paces compared to April.

Inflation eased to 1.9% in May, below April’s 2.4%. May’s reading marked the lowest inflation rate since January 1999. As such, annual average inflation fell to 3.2% in May from 3.5% in April.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest