Inflation Rate in Brazil increased to 5.35 percent in June from 5.32 percent in May of 2025. This dataset provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in Brazil was approximately 4.37 percent. Between 1980 and 2024, the figure dropped by around 85.86 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.41 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

The Consumer Price Index in Brazil increased 0.24 percent in June of 2025 over the previous month. This dataset provides - Brazil Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Brazil increased 5.17 percent in May of 2025 over the same month in the previous year. This dataset provides - Brazil Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In January 2025, the inflation rate in Brazil amounted to *** percent compared to the same month of the previous year. The inflation rate peaked in April 2022 and has declined until June of that year, before rising again. The Consumer Price Index shows the price development for household expenses and, when it increases, it shows that there is inflation. Inflation can be defined as a permanent and generalized increase of the price levels in an economy (prices for consumer and intermediate goods).

Brazil's inflation rate and central bank interest rate have experienced significant fluctuations from 2018 to 2025, reflecting broader global economic trends. The country's inflation peaked at ***** percent in April 2020, followed by a gradual decline and subsequent rise, while the central bank adjusted its Selic rate in response to these economic dynamics. This pattern of volatility and monetary policy adjustments mirrors similar experiences in other major economies during the same period. Global context of inflation and interest rates Brazil's economic indicators align with the global trend of rising inflation and subsequent central bank responses observed in many countries. Like Brazil, other major economies such as the United States, United Kingdom, and European Union implemented aggressive rate hikes throughout 2022-2023 to combat inflationary pressures. However, a coordinated shift began in mid-2024, with many central banks initiating rate cuts. This global trend is reflected in Brazil's monetary policy decisions, as the country began reducing its Selic rate in August 2023 after maintaining it at ***** percent for several months. Comparison with other economies While Brazil's inflation rate reached **** percent in April 2025, other major economies exhibited varying levels of inflationary pressure. For instance, China reported a deflationary rate of **** percent, while Russia maintained a high inflation rate of **** percent during the same period. The United Kingdom, which experienced similar volatility in its inflation rate, saw it peak at *** percent in October 2022 before moderating to *** percent by September 2024. These comparisons highlight the diverse economic conditions and policy responses across different countries, with Brazil's experience falling somewhere in the middle of this spectrum.

Graph and download economic data for Inflation, consumer prices for Brazil (FPCPITOTLZGBRA) from 1981 to 2024 about Brazil, consumer, CPI, inflation, price index, indexes, and price.

In 2020, the inflation rate in Brazil amounted to about 3.21 percent compared to the previous year, a slight increase from the previous year’s 3.73 percent, but a large improvement compared to 2015 with more than 9 percent.

Superlative Brazil

Brazil is not only one of the largest countries in the world, it is also one of the largest economies and a member of the so-called BRIC states, four up-and-coming emerging economies. Unfortunately, Brazil also struggles due to an on-going recession; In 2017, the majority of Brazilians described the state of the country’s economy as “bad”.

The state of Brazil’s economy

Brazil’s mixed economy suffered a severe political and economic crisis in 2014 that only ended in 2016. The country’s GDP slumped dramatically and inflation skyrocketed. As of today, Brazil has recovered, GDP is on the rise again, and inflation is below four percent – however, as a result of the recession that saw millions of job cuts, unemployment is at an all-time high.

Inflation, monthly percent change in the CPI in Brazil, June, 2025 The most recent value is 0.24 percent as of June 2025, a decline compared to the previous value of 0.26 percent. Historically, the average for Brazil from December 1988 to June 2025 is 4.66 percent. The minimum of -0.68 percent was recorded in July 2022, while the maximum of 82.18 percent was reached in March 1990. | TheGlobalEconomy.com

Key information about Brazil Core CPI Change

• Brazil Core CPI Change was reported at 4.462 % in Feb 2025.
• This records an increase from the previous number of 3.720 % for Jan 2025.
• Brazil Core CPI Change data is updated monthly, averaging 5.767 % from Jun 1995 to Feb 2025, with 357 observations.
• The data reached an all-time high of 37.420 % in Jun 1995 and a record low of 1.286 % in Aug 2020.
• Brazil Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

The annual average consumer price index in Brazil was approximately 45.81 trillion points in 2024. Following a continuous upward trend, the index has risen by around 45.81 trillion points since 1980. Between 2024 and 2030, the index will rise by around 10.98 trillion points, continuing its consistent upward trajectory.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.

In May 2025, the inflation rate of food prices in Brazil increased by 7.33 percent compared to the same month of the previous year.

Mid-month Inflation Rate YoY in Brazil increased to 5.30 percent in July from 5.27 percent in June of 2025. This dataset includes a chart with historical data for Brazil Mid-month Inflation Rate YoY.

The benchmark interest rate in Brazil was last recorded at 15 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil: Inflation forecast: The latest value from 2030 is 2.96 percent, unchanged from 2.96 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Brazil from 1981 to 2030 is 220.97 percent. The minimum value, 1.66 percent, was reached in 1998 while the maximum of 2477.15 percent was recorded in 1993.

Brazil National Consumer Price Index (CPI): IPCA: Core: Smoothed Trimmed Means data was reported at 0.470 % in Mar 2025. This records an increase from the previous number of 0.430 % for Feb 2025. Brazil National Consumer Price Index (CPI): IPCA: Core: Smoothed Trimmed Means data is updated monthly, averaging 0.450 % from Jan 1996 (Median) to Mar 2025, with 351 observations. The data reached an all-time high of 1.510 % in Jan 1996 and a record low of -0.070 % in Aug 1998. Brazil National Consumer Price Index (CPI): IPCA: Core: Smoothed Trimmed Means data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.IB056: Consumer Price Index: Core Inflation Rate. Notes: The variation of the items fuel, electricity, public transportation, personal expenses, tobacco, courses and communication rates are distributed in 12 month-terms. After the smoothening process the 20% greatest and 20% smallest variations are excluded.

In January 2025, prices had increased by three percent compared to January 2024 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages. In economics, the inflation rate is a measure of the change in price level over time. The rate of decrease in the purchasing power of money is approximately equal. A projection of the annual U.S. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here. InflationOne of the most important economic indicators is the development of the Consumer Price Index in a country. The change in this price level of goods and services is defined as the rate of inflation. The inflationary situation in the United States had been relatively severe in 2022 due to global events relating to COVID-19, supply chain restrains, and the Russian invasion of Ukraine. More information on U.S. inflation may be found on our dedicated topic page. The annual inflation rate in the United States has increased from 3.2 percent in 2011 to 8.3 percent in 2022. This means that the purchasing power of the U.S. dollar has weakened in recent years. The purchasing power is the extent to which a person has available funds to make purchases. According to the data published by the International Monetary Fund, the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 325.6 by 2027, compared to the base period from 1982 to 1984. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States was 0.1 percent in March 2023 compared to the previous month. In 2022, countries all around the world are experienced high levels of inflation. Although Brazil already had an inflation rate of 8.3 percent in 2021, compared to the previous year, while the inflation rate in China stood at 0.85 percent.

Inflation rate of Brazil decreased by 4.92% from 4.6 % in 2023 to 4.4 % in 2024. Since the 11.79% surge in 2022, inflation rate sank by 52.94% in 2024. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

National Consumer Price Index: YoY: Core: Exclusion (ex 2) data was reported at 3.802 % in Mar 2019. This records an increase from the previous number of 3.626 % for Feb 2019. National Consumer Price Index: YoY: Core: Exclusion (ex 2) data is updated monthly, averaging 5.871 % from Jun 1995 (Median) to Mar 2019, with 286 observations. The data reached an all-time high of 37.420 % in Jun 1995 and a record low of 1.346 % in Oct 1998. National Consumer Price Index: YoY: Core: Exclusion (ex 2) data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.IA001: Core Inflation Rate: Central Bank of Brazil.

The average inflation rate in Brazil is approximately 5.31 percent in 2025.Fluctuating decline between 1980 and 2025Between 1980 and 2025 a total decrease by approximately 84.92 percentage points can be observed. The data emphasizes however that this decrease did not happen continuously.Fluctuating decline between 2025 and 2030The inflation will lie at roughly 2.96 percent in 2030, according to forecasts. This indicates an overall decrease by approximately 2.35 percentage points since 2025.This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.