Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2024: Probability Surpassing Upper Limit data was reported at 100.000 % in Dec 2024. This records an increase from the previous number of 36.000 % for Sep 2024. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2024: Probability Surpassing Upper Limit data is updated quarterly, averaging 21.000 % from Sep 2021 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 100.000 % in Dec 2024 and a record low of 9.000 % in Dec 2021. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2024: Probability Surpassing Upper Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Brazil BCB Projection: Probability of Exceeding Target: 2025: Upper Limit data was reported at 4.500 % in Dec 2024. This stayed constant from the previous number of 4.500 % for Sep 2024. Brazil BCB Projection: Probability of Exceeding Target: 2025: Upper Limit data is updated quarterly, averaging 4.500 % from Sep 2022 (Median) to Dec 2024, with 10 observations. The data reached an all-time high of 4.500 % in Dec 2024 and a record low of 4.500 % in Dec 2024. Brazil BCB Projection: Probability of Exceeding Target: 2025: Upper Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2023: Probability Surpassing Lower Limit data was reported at 0.000 % in Dec 2023. This stayed constant from the previous number of 0.000 % for Sep 2023. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2023: Probability Surpassing Lower Limit data is updated quarterly, averaging 3.500 % from Dec 2020 (Median) to Dec 2023, with 12 observations. The data reached an all-time high of 15.000 % in Dec 2021 and a record low of 0.000 % in Dec 2023. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2023: Probability Surpassing Lower Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2024: Lower Limit data was reported at 1.500 % in Dec 2024. This stayed constant from the previous number of 1.500 % for Sep 2024. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2024: Lower Limit data is updated quarterly, averaging 1.500 % from Sep 2021 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 1.500 % in Dec 2024 and a record low of 1.500 % in Dec 2024. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2024: Lower Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In Argentina, the CPI in April 2024 was 289 percent higher than the one registered the same month of the previous year, with this figure being the largest monthly inflation rate since, at least, the beginning of 2018. The Argentinian inflation rate has been experiencing a steep increase from December 2020 onwards, when the decreasing trend witnessed since December 2019 came to an end. Long history of inflation in Latin America High inflation rates are nothing new in Latin America. In 2023, the region's inflation rate was 14.41 percent, while the global average was much lower at 6.78 percent. Nonetheless, the main drivers of this are Venezuela and Argentina, both being in the upper table of countries with the highest inflation rates in the world. During the last few years, Venezuela entered a period with five-digits inflation rates, having to issue a new currency and implementing new policies to control price increases.

A history of hyperinflation During the last couple of years, inflation has been a constant among the main problems the Argentine society faces. The country returned to a three-digit inflation rate with former president Alberto Fernández, and the constant price increases took a toll on households across the board. Nevertheless, the problem is far from a recent one or the worst it's ever been, in 1989 and 1990, the inflation rate was over 2,000 percent, reaching for the status of hyperinflation. Commonly, hyperinflation is defined as price increases with over 50 percent per month.

Brazil BCB Projection: Probability of Exceeding Target: 2025: Lower Limit data was reported at 1.500 % in Dec 2024. This stayed constant from the previous number of 1.500 % for Sep 2024. Brazil BCB Projection: Probability of Exceeding Target: 2025: Lower Limit data is updated quarterly, averaging 1.500 % from Sep 2022 (Median) to Dec 2024, with 10 observations. The data reached an all-time high of 1.500 % in Dec 2024 and a record low of 1.500 % in Dec 2024. Brazil BCB Projection: Probability of Exceeding Target: 2025: Lower Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2022: Upper Limit data was reported at 5.000 % in Dec 2022. This stayed constant from the previous number of 5.000 % for Sep 2022. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2022: Upper Limit data is updated quarterly, averaging 5.000 % from Dec 2020 (Median) to Dec 2022, with 8 observations. The data reached an all-time high of 5.000 % in Dec 2022 and a record low of 5.000 % in Dec 2022. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2022: Upper Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Brazil BCB Projection: Probability of Exceeding Target: 2025: Surpass Upper Limit data was reported at 50.000 % in Dec 2024. This records an increase from the previous number of 28.000 % for Sep 2024. Brazil BCB Projection: Probability of Exceeding Target: 2025: Surpass Upper Limit data is updated quarterly, averaging 17.000 % from Sep 2022 (Median) to Dec 2024, with 10 observations. The data reached an all-time high of 50.000 % in Dec 2024 and a record low of 11.000 % in Dec 2022. Brazil BCB Projection: Probability of Exceeding Target: 2025: Surpass Upper Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Nigeria’s inflation has been higher than the average for African and Sub-Saharan countries for years now, and even exceeded 16 percent in 2017 – and a real, significant decrease is nowhere in sight. The bigger problem is its unsteadiness, however: An inflation rate that is bouncing all over the place, like this one, is usually a sign of a struggling economy, causing prices to fluctuate, and unemployment and poverty to increase. Nigeria’s economy - a so-called “mixed economy”, which means the market economy is at least in part regulated by the state – is not entirely in bad shape, though. More than half of its GDP is generated by the services sector, namely telecommunications and finances, and the country derives a significant share of its state revenues from oil.

Because it got high

To simplify: When the inflation rate rises, so do prices, and consequently banks raise their interest rates as well to cope and maintain their profit margin. Higher interest rates often cause unemployment to rise. In certain scenarios, rising prices can also mean more panicky spending and consumption among end users, causing debt and poverty. The extreme version of this is called hyperinflation: A rapid increase of prices that is out of control and leads to bankruptcies en masse, devaluation of money and subsequently a currency reform, among other things. But does that mean that low inflation is better? Maybe, but only to a certain degree; the ECB, for example, aspires to maintain an inflation rate of about two percent so as to keep the economy stable. As soon as we reach deflation territory, however, things are starting to look grim again. The best course is a stable inflation rate, to avoid uncertainty and rash actions.

Nigeria today

Nigeria is one of the countries with the largest populations worldwide and also the largest economy in Africa, with its economy growing rapidly after a slump in the aforementioned year 2017. It is slated to be one of the countries with the highest economic growth over the next few decades. Demographic key indicators, like infant mortality rate, fertility rate, and the median age of the population, all point towards a bright future. Additionally, the country seems to make big leaps forward in manufacturing and technological developments, and boasts huge natural resources, including natural gas. All in all, Nigeria and its inflation seem to be on the upswing – or on the path to stabilization, as it were.

Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2021: Lower Limit data was reported at 2.250 % in Dec 2021. This stayed constant from the previous number of 2.250 % for Sep 2021. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2021: Lower Limit data is updated quarterly, averaging 2.250 % from Dec 2020 (Median) to Dec 2021, with 5 observations. The data reached an all-time high of 2.250 % in Dec 2021 and a record low of 2.250 % in Dec 2021. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2021: Lower Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2022: Lower Limit data was reported at 2.000 % in Dec 2022. This stayed constant from the previous number of 2.000 % for Sep 2022. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2022: Lower Limit data is updated quarterly, averaging 2.000 % from Dec 2020 (Median) to Dec 2022, with 8 observations. The data reached an all-time high of 2.000 % in Dec 2022 and a record low of 2.000 % in Dec 2022. Brazil Probabilities Exceeding Target Tolerance Interval Limits: 2022: Lower Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Brazil BCB Projection: Probability of Exceeding Target: 2025: Surpass Lower Limit data was reported at 1.000 % in Dec 2024. This records a decrease from the previous number of 6.000 % for Sep 2024. Brazil BCB Projection: Probability of Exceeding Target: 2025: Surpass Lower Limit data is updated quarterly, averaging 11.000 % from Sep 2022 (Median) to Dec 2024, with 10 observations. The data reached an all-time high of 17.000 % in Dec 2022 and a record low of 1.000 % in Dec 2024. Brazil BCB Projection: Probability of Exceeding Target: 2025: Surpass Lower Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

Brazil BCB Projection: Probability of Exceeding Target: 2026: Surpass Upper Limit data was reported at 26.000 % in Dec 2024. This records an increase from the previous number of 19.000 % for Sep 2024. Brazil BCB Projection: Probability of Exceeding Target: 2026: Surpass Upper Limit data is updated quarterly, averaging 17.000 % from Sep 2023 (Median) to Dec 2024, with 6 observations. The data reached an all-time high of 26.000 % in Dec 2024 and a record low of 16.000 % in Sep 2023. Brazil BCB Projection: Probability of Exceeding Target: 2026: Surpass Upper Limit 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.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target.

BCB Projection: Probability of Exceeding Target: 2024: Lower Limit在2024-12达1.500%，相较于2024-09的1.500%保持不变。BCB Projection: Probability of Exceeding Target: 2024: Lower Limit数据按季度更新，2021-09至2024-12期间平均值为1.500%，共13份观测结果。该数据的历史最高值出现于2024-12，达1.500%，而历史最低值则出现于2024-12，为1.500%。CEIC提供的BCB Projection: Probability of Exceeding Target: 2024: Lower Limit数据处于定期更新的状态，数据来源于Central Bank of Brazil，数据归类于Brazil Premium Database的Inflation – Table BR.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target。

(DC)BCB Projection: Probability of Exceeding Target: 2021: Lower Limit在2021-12达2.250%，相较于2021-09的2.250%保持不变。(DC)BCB Projection: Probability of Exceeding Target: 2021: Lower Limit数据按季度更新，2020-12至2021-12期间平均值为2.250%，共5份观测结果。该数据的历史最高值出现于2021-12，达2.250%，而历史最低值则出现于2021-12，为2.250%。CEIC提供的(DC)BCB Projection: Probability of Exceeding Target: 2021: Lower Limit数据处于定期更新的状态，数据来源于Central Bank of Brazil，数据归类于Brazil Premium Database的Inflation – Table BR.IB014: Consumer Price Index: Broad Category - IPCA: Projection: Probability of Exceeding Target。