Inflation in Brazil

Brazil Inflation | Economic News & Forecasts

Brazil - Inflation

Inflation drops to lowest rate since May 2018 in July

Consumer prices rose 0.19% in July over the previous month, which was above June’s 0.01% increase but below market expectations. The result also marked the smallest increase for July since July 2014. The rise was chiefly driven by higher prices for housing, mainly due to higher electricity bills amid the yellow flag. Outside of housing, price pressures were largely benign.

Inflation fell to 3.2% in July from June’s 3.4%, the lowest reading since May 2018. 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 4.1% in July (June: 4.2%).

Panelists participating in the LatinFocus Consensus Forecast see inflation closing 2019 at 3.9%, which is unchanged from last month’s forecast. For 2020, the panel expects inflation of 4.0%.

Brazil - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)6.2  6.3  9.0  8.7  3.4  

Sample Report

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


Brazil Inflation Chart

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

Brazil Facts

Bond Yield7.25-0.82 %Jul 31
Exchange Rate3.81-0.13 %Jul 31
Stock Market101,812-0.40 %Jul 31

Sample Report

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.

Sign Up

Economic News

Search form