The city on the beach in Brazil

Brazil Inflation June 2019

Brazil: Inflation drops to over one-year low in June

Consumer prices rose 0.01% in June over the previous month, a softer gain than May’s 0.13% increase and the lowest result seen so far in 2019. Falling prices for food and beverages along with transportation chiefly drove the lower print.

Inflation fell to 3.4% in June from May’s 4.7%, the largest drop seen from month-to-month in over a decade and marking the lowest reading since May 2018. The result is partly due to a favorable base effect as prices surged in June 2018 due to the truckers’ strike. Accordingly, inflation came in below the Central Bank’s target of 4.25% for the end of 2019.

Annual average inflation, however, was broadly unchanged at 4.2% in June (May: 4.3%).

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