Inflation in Brazil
Brazil - Inflation
Inflation hits highest level since February 2016 in September
Consumer prices rose a seasonally-adjusted 1.16% over the previous month in September, coming in above the 0.87% rise seen in August. Looking at the details of the release, the sharper rise was primarily due to faster growth in prices for transportation and housing. September’s reading was the 16th consecutive month of rising consumer prices.
Inflation came in at 10.2% in September, up from 9.7% in August. September's reading marked the highest inflation rate since February 2016. Meanwhile, the trend pointed up, with annual average inflation coming in at 6.7% in September (August: 6.1%).
Panelists participating in the LatinFocus Consensus Forecast see inflation ending 2021 at 7.3%, which is up 0.7 percentage points from last month’s forecast, and 2022 at 4.0%.
Brazil - Inflation Data
|Inflation Rate (CPI, annual variation in %)||9.0||8.7||3.4||3.7||3.7|
5 years of economic forecasts for more than 30 economic indicators.
Brazil Inflation Chart
Source: Brazil Institute of Geography and Statistics.
|Bond Yield||6.79||-0.82 %||Dec 31|
|Exchange Rate||4.02||-0.13 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
October 13, 2021
The Brazilian real tumbled against the U.S. dollar in recent weeks, hitting an over five-month low in early October.
October 8, 2021
Consumer prices rose a seasonally-adjusted 1.16% over the previous month in September, coming in above the 0.87% rise seen in August.
October 6, 2021
Retail sales decreased 3.1% in month-on-month seasonally-adjusted terms in August, contrasting July’s 2.7% increase.
October 5, 2021
Industrial output decreased 0.7% month-on-month in seasonally-adjusted terms in August (July: -1.2% mom).
October 1, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) rose to 54.4 in September, up from 53.6 in August.