Inflation in Brazil
Brazil - Inflation (end of period)
Inflation ends 2018 below target
Consumer prices rose 0.15% in December over the previous month, contrasting November’s 0.21% drop. The rebound was largely due to higher prices for food and beverages, and smaller drags from falling prices for housing and transportation.
Inflation ended 2018 at 3.7%, at the lower end of the Central Bank’s target of 4.5% plus or minus 1.5 percentage points (2017: +2.9% end of period). Although inflation rose overall in 2018, a solid performance by the real in recent months, cuts in government-controlled prices and economic slack is limiting price pressures. Inflation averaged 3.7% in 2018, up slightly from 2017’s 3.5%.
Panelists participating in the LatinFocus Consensus Forecast see inflation closing 2019 at 4.3%, which is unchanged from last month’s forecast. For 2020, the panel expects inflation of 4.2%.
Brazil - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||5.9||6.4||10.7||6.3||2.9|
5 years of economic forecasts for more than 30 economic indicators.
Brazil Inflation (eop) Chart
Source: Brazil Institute of Geography and Statistics.
|Bond Yield||9.25||-0.82 %||Jan 16|
|Exchange Rate||3.74||-0.13 %||Jan 16|
|Stock Market||94,393||-0.40 %||Jan 16|
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January 17, 2019
In November, economic activity increased 0.3% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity (IBC-Br, Indice de Atividade Economica do Banco Central).
January 11, 2019
The Brazilian real strengthened notably at the start of 2019, bolstered by market optimism over the new government and reform prospects.
January 7, 2019
Industrial production rebounded in November, after four consecutive monthly contractions.
January 4, 2019
Consumer prices rose 0.15% in December over the previous month, contrasting November’s 0.21% drop.
January 2, 2019
Conditions in Brazil’s manufacturing sector were nearly unchanged in December, ending the year on a solid note.