Inflation in Brazil

Brazil Inflation | Economic News & Forecasts

Brazil - Inflation

Inflation eases in January

Consumer prices increased 0.21% month-on-month in January, following December’s sharp 1.15% increase. The reading underwhelmed market expectations of a 0.34% rise and came in tandem with a sharp depreciation in the Brazilian real. Lower food and beverage costs, particularly as meat prices receded after surging at the end of last year, and cheaper health and personal care. Conversely, housing registered the highest price increases in January.

Inflation edged down to 4.2% in January from 4.3% in December, which was comfortably within the Central Bank’s target of 4.0% with a tolerance band of plus or minus 1.5 percentage points for the end of 2020. Annual average inflation, on the other hand, increased to 3.8% in January from 3.7% in December.

Panelists participating in the LatinFocus Consensus Forecast see inflation closing 2020 at 3.8%, which is unchanged from last month’s forecast. For 2021, the panel also expects inflation of 3.8%.

Brazil - Inflation Data

2014   2015   2016   2017   2018  
Inflation Rate (CPI, annual variation in %)6.3  9.0  8.7  3.4  3.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Brazil Inflation Chart


Brazil Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Brazil Institute of Geography and Statistics.

Brazil Facts

Value Change Date
Bond Yield6.79-0.82 %Dec 31
Exchange Rate4.02-0.13 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

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.

Sign Up

Economic News

Search form