Inflation in Brazil
Brazil - Inflation
Inflation eases from two-year high in May
Consumer prices rose 0.13% in May over the previous month, a softer gain than April’s 0.57% increase and undershooting expectations of a larger 0.20% rise. Notably, May’s result marked the smallest jump in prices recorded for that month since 2006. Falling prices for food and beverages chiefly drove the lower print, along with a smaller rise in transportation prices.
Inflation fell to 4.7% in May from April’s over two-year of 4.9%. The result is above the Central Bank’s target of 4.25% for the end of 2019. Annual average inflation, however, edged up from 4.2% in April to 4.3% in May.
Panelists participating in the LatinFocus Consensus Forecast see inflation closing 2019 at 4.0%, which is unchanged from last month’s forecast. For 2020, the panel expects inflation of 4.2%.
Brazil - Inflation Data
|Inflation Rate (CPI, annual variation in %)||6.2||6.3||9.0||8.7||3.4|
5 years of economic forecasts for more than 30 economic indicators.
Brazil Inflation Chart
Source: Brazil Institute of Geography and Statistics.
|Bond Yield||7.88||-0.82 %||Jun 13|
|Exchange Rate||3.85||-0.13 %||Jun 13|
|Stock Market||98,774||-0.40 %||Jun 13|
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.
June 14, 2019
In April, economic activity decreased 0.5% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity.
June 12, 2019
Retail sales (excluding cars and construction) fell 0.6% from the previous month in seasonally-adjusted terms in April, contrasting March’s 0.1% increase.
June 7, 2019
Consumer prices rose 0.13% in May over the previous month, a softer gain than April’s 0.57% increase and undershooting expectations of a larger 0.20% rise.
June 4, 2019
Industrial production rose a soft 0.3% month-on-month in seasonally-adjusted terms in April, contrasting March’s revised 1.4% drop (previously reported: -1.3% mom) and undershooting market expectations.
June 3, 2019
Conditions in Brazil’s manufacturing sector appear to have deteriorated further in May.