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.

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.

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.

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.

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.

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: 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.

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.

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.

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.

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 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.

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.

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

Brazil BR: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 4.659 % in 2023. This records a decrease from the previous number of 8.570 % for 2022. Brazil BR: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 20.052 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 2,736.971 % in 1990 and a record low of 3.671 % in 2017. Brazil BR: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;Median;

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 benchmark interest rate in Brazil was last recorded at 14.25 percent. This dataset provides - Brazil Interest Rate - 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.