Inflation Rate in Brazil increased to 5.06 percent in February from 4.56 percent in January of 2025. This dataset provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average inflation rate in Brazil was forecast to decrease between 2024 and 2029 by in total 1.3 percentage points. This overall decrease does not happen continuously, notably not in 2029. The inflation is estimated to amount to 2.97 percent in 2029. 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.Find more statistics on other topics about Brazil with key insights such as the annual inflation rate of end of period consumer prices, the general government structural balance, and the general government revenue.

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.

Core consumer prices in Brazil increased 4.21 percent in November of 2024 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.

The Consumer Price Index in Brazil increased 1.31 percent in February of 2025 over the previous month. This dataset provides - Brazil Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil's inflation rate demonstrated significant volatility between January 2018 and February 2025. Initially fluctuating between 1.88 and 4.94 percent, the rate dramatically peaked at 12.13 percent in April 2020. After a gradual decline to 3.16 percent in June 2023, it rose to 4.61 percent in August 2023. Throughout 2024, inflation decreased monthly until April, reaching 3.69 percent, before entering another inflationary phase. Simultaneously, the Central Bank of Brazil adjusted the Selic rate in response to these economic dynamics. Following a series of rate hikes from February 2021 to August 2022, the Selic reached 13.75 percent. This rate remained stable until July 2023, when a series of cuts began. By April 2024, the Selic had dropped to 10.75 percent, further reduced to 10.5 percent in May 2024. As inflation increased in the latter part of 2024, the central bank initiated rate hikes, setting the Selic at 13.25 percent in January 2025.

Brazil National Consumer Price Index (CPI): IPCA: Core: Smoothed Trimmed Means data was reported at 0.430 % in Feb 2025. This records a decrease from the previous number of 0.620 % for Jan 2025. Brazil National Consumer Price Index (CPI): IPCA: Core: Smoothed Trimmed Means data is updated monthly, averaging 0.450 % from Jan 1996 (Median) to Feb 2025, with 350 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.

The annual inflation rate of end of period consumer prices in Brazil was forecast to continuously decrease between 2024 and 2029 by in total 1.3 percentage points. The rate is estimated to amount to 2.97 percent in 2029. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the end of period consumer price index. Said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period. Typically a reference year exists for which a value of 100 had been assigned.Find more statistics on other topics about Brazil with key insights such as the ratio of government revenue to the gross domestic product (GDP), the budget balance in relation to the GDP, and the general government net debt.

Brazil National Consumer Price Index (CPI): IPCA: Core: NonSmoothed Trimmed Means data was reported at 0.550 % in Feb 2025. This records a decrease from the previous number of 0.590 % for Jan 2025. Brazil National Consumer Price Index (CPI): IPCA: Core: NonSmoothed Trimmed Means data is updated monthly, averaging 0.410 % from Jan 1995 (Median) to Feb 2025, with 362 observations. The data reached an all-time high of 2.700 % in Jun 1995 and a record low of -0.350 % in Aug 1998. Brazil National Consumer Price Index (CPI): IPCA: Core: NonSmoothed 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.

IPC-Fipe Inflation MoM in Brazil increased to 0.51 percent in February from 0.24 percent in January of 2025. This dataset includes a chart with historical data for Brazil IPC-Fipe Inflation MoM.

Brazil National Consumer Price Index (CPI): MoM: Core: Exclusion 3 - EX3 data was reported at 0.290 % in Nov 2024. This records a decrease from the previous number of 0.590 % for Oct 2024. Brazil National Consumer Price Index (CPI): MoM: Core: Exclusion 3 - EX3 data is updated monthly, averaging 0.460 % from Aug 1999 (Median) to Nov 2024, with 304 observations. The data reached an all-time high of 1.840 % in Dec 2002 and a record low of -0.130 % in May 2020. Brazil National Consumer Price Index (CPI): MoM: Core: Exclusion 3 - EX3 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.

Brazil National Consumer Price Index (CPI): IPCA: Core: Double Weighted data was reported at 0.770 % in Feb 2025. This records an increase from the previous number of 0.530 % for Jan 2025. Brazil National Consumer Price Index (CPI): IPCA: Core: Double Weighted data is updated monthly, averaging 0.470 % from Jan 1995 (Median) to Feb 2025, with 362 observations. The data reached an all-time high of 2.700 % in Jun 1995 and a record low of -0.350 % in Aug 1998. Brazil National Consumer Price Index (CPI): IPCA: Core: Double Weighted 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 original weights, based on the importance of each item for the IPCA basket, are double weighted considering the volatility of each item. The more volatile is a specific component the less is the importance of it for the core measurement

Cost of food in Brazil increased 7 percent in February of 2025 over the same month in the previous year. This dataset provides - Brazil Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil National Consumer Price Index (CPI): MoM: Core: Exclusion 2- EX2 data was reported at 0.630 % in Feb 2025. This records a decrease from the previous number of 0.780 % for Jan 2025. Brazil National Consumer Price Index (CPI): MoM: Core: Exclusion 2- EX2 data is updated monthly, averaging 0.450 % from Aug 1999 (Median) to Feb 2025, with 307 observations. The data reached an all-time high of 2.010 % in Dec 2002 and a record low of -0.120 % in May 2020. Brazil National Consumer Price Index (CPI): MoM: Core: Exclusion 2- EX2 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.

Mid-month Inflation Rate YoY in Brazil increased to 4.96 percent in February from 4.50 percent in January of 2025. This dataset includes a chart with historical data for Brazil Mid-month Inflation Rate YoY.

The national consumer price index for housing in Brazil has been positive for the entirety of 2024, except in August, when it dropped to -0.51 percent.

Mid-month Inflation Rate MoM in Brazil increased to 1.23 percent in February from 0.11 percent in January of 2025. This dataset includes a chart with historical data for Brazil Mid-month Inflation Rate MoM.

Brazil Inflation Projections: Selic Focus and PPP Exchange Rate: March IR data was reported at 3.200 % in Dec 2026. This stayed constant from the previous number of 3.200 % for Sep 2026. Brazil Inflation Projections: Selic Focus and PPP Exchange Rate: March IR data is updated quarterly, averaging 4.000 % from Mar 2021 (Median) to Dec 2026, with 24 observations. The data reached an all-time high of 10.600 % in Jun 2022 and a record low of 3.100 % in Sep 2025. Brazil Inflation Projections: Selic Focus and PPP Exchange Rate: March IR data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IB012: Consumer Price Index: Broad Category - IPCA: Projection: Selic Scenario and PPP Exchange Rate.

Consumer Price Index CPI in Brazil increased to 7205.03 points in February from 7111.86 points in January of 2025. This dataset provides - Brazil Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The annual average consumer price index in Brazil was forecast to continuously increase between 2024 and 2029 by in total 7.6 trillion points (+16.6 percent). After the twenty-second consecutive increasing year, the index is estimated to reach 53.38 trillion points and therefore a new peak in 2029. Notably, the annual average consumer price index was continuously increasing over the past years.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.Find more statistics on other topics about Brazil with key insights such as the gross domestic product (GDP) per capita (in PPP dollars), the gross domestic product (GDP) at PPP, and the growth of the real the gross domestic product (GDP).