Brazil Inflation August 2018

Brazil

Brazil: Inflation eases in August

September 6, 2018

Consumer prices fell 0.09% in August over the previous month, contrasting July’s 0.33% rise and marking the first drop in over a year. Lower prices for food and beverages as well as for transport drove the decline.

Inflation eased from 4.5% in July, which had marked the highest reading since March 2017, to 4.2% in August. Inflation is within the Central Bank’s target of 4.5% plus or minus 1.5 percentage points. Annual average inflation rose from 3.0% in July to 3.2% in August.

Brazil Inflation Forecast


Panelists participating in the LatinFocus Consensus Forecast see inflation closing 2018 at 4.0%, which is unchanged from last month’s forecast. For 2019, the panel expects inflation of 4.3%.


Author: Angela Bouzanis, Lead Economist

Sample Report

Looking for forecasts related to Inflation in Brazil? Download a sample report now.

Download

Brazil Inflation Chart


Brazil Inflation August 2018

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


Brazil Economic News

  • Brazil: Economic activity quickens slightly in November

    January 16, 2020

    Economic activity rose 0.2% in seasonally-adjusted month-on-month terms in November, up from October’s revised 0.1% increase (previously reported: +0.2% month-on-month).

    Read more

  • Brazil: Retail sales disappoint in November

    January 15, 2020

    Retail sales, excluding cars and construction, increased 0.6% from the previous month in seasonally-adjusted terms in November, up from October’s 0.1% increase but notably underwhelming market analysts who had expected Black Friday sales to boost growth to 1.2%. The uptick in November was driven by stronger furniture and appliance spending—boosted by Black Friday promotions—and increased pharmaceutical and medical sales.

    Read more

  • Brazil: Inflation jumps in December

    January 10, 2020

    Consumer prices jumped 1.15% in December over the previous month, up from November’s 0.51% increase.

    Read more

  • Brazil: Industrial output declines in November

    January 9, 2020

    Industrial production fell 1.2% month-on-month in seasonally-adjusted terms in November, contrasting October’s upwardly revised 0.8% increase (previously reported: +0.3% month-on-month).

    Read more

  • Brazil: Manufacturing PMI ticks down in December

    January 2, 2020

    Conditions in Brazil’s manufacturing sector improved at the weakest pace in five months in December, with the manufacturing Purchasing Managers’ Index (PMI) edging down to 50.2 from 52.9 in November.

    Read more

More news

Search form