Brazil Inflation Rate

The inflation rate in Brazil was recorded at 6.15 percent in March of 2014. Inflation Rate in Brazil is reported by the Instituto Brasileiro de Geografia e Estatística (IBGE). Inflation Rate in Brazil averaged 397.58 Percent from 1980 until 2014, reaching an all time high of 6821.31 Percent in April of 1990 and a record low of 1.65 Percent in December of 1998. In Brazil, the main components of the consumer price index are: food, alcohol and tobacco (31 percent of the total weight), transport (15 percent), real estate (12 percent), health care (11 percent), clothing (9 percent), communication (5 percent) and education (4 percent). The national index is calculated as the weighted average of the regional indexes. The largest contributors to the national index are: Sao Paulo (32 percent of total weight), Rio de Janeiro (12.5 percent), Belo Horizonte (11 percent), Porto Alegre (8.4 percent) and Curitiba (7.8 percent). This page provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.15 5.68 6821.31 1.65 5.67 | 2014/04 1980 - 2014 Percent Monthly

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Brazil Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-10 11:00 AM Brazil
Inflation Rate YoY
Dec 2013 5.91% 5.77% 5.82% 5.7%
2014-02-07 11:00 AM Brazil
Inflation Rate YoY
Jan 2014 5.59% 5.91% 5.67% 5.7%
2014-03-12 12:00 PM Brazil
Inflation Rate YoY
Feb 2014 5.68% 5.59% 5.64% 5.92%
2014-04-09 01:00 PM Brazil
Inflation Rate YoY
Mar 2014 6.15% 5.68% 6.08% 5.92%
2014-05-09 01:00 PM Brazil
Inflation Rate YoY
Apr 2014 6.15% 5.67%
2014-06-06 01:00 PM Brazil
Inflation Rate YoY
May 2014 6.87%
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Prices Last Previous Highest Lowest Forecast Unit
Consumer Price Index (CPI) 3898.38 2014-03-15 3862.84 3898.38 0.00 3930.38 2014-04-30 Index Points [+]
Core Inflation Rate 6.43 2014-03-15 6.19 6.94 4.85 5.99 2014-04-30 Percent [+]
Export Prices 159.33 2014-02-15 163.09 187.34 65.75 157.79 2014-03-31 Index Points [+]
Gdp Deflator 7.69 2013-06-30 4.93 2736.97 4.24 12.28 2013-12-31 Percent [+]
Import Prices 136.43 2014-02-15 135.05 144.19 59.42 136.95 2014-03-31 Index Points [+]
Inflation Rate Mom 0.92 2014-03-15 0.69 82.39 -0.51 0.50 2014-04-30 Percent [+]
Producer Prices 598.60 2014-03-15 587.37 598.60 0.00 605.98 2014-04-30 Index Points [+]
Inflation Rate 6.15 2014-03-31 5.68 6821.31 1.65 5.67 2014-04-30 Percent [+]
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Brazil Inflation Rate Up to 8-Month High

In March of 2014, Brazilian annual consumer prices accelerated to 6.15 percent from 5.68 percent in the previous month. On a monthly basis, prices rose 0.92 percent as a severe drought raised food cost.

Among food prices, vegetables (20.19 percent) and fruits (19.59 percent) recorded the highest annual increase.

On a monthly basis, food prices grew the most (1.92 percent), as the drought affected crops in some regions, hurting food supply. Prices of tomatoes rose 32.85 percent, potatoes 35 percent and beans 11.8 percent.

Among regions, food prices rose the most in Porto Alegre (4.21 percent), Campo Grande (3.74 percent), Curitiba (3.52 percent) and in Rio de Janeiro (3.26 percent). 

Additional upward pressures came from cost of transport (+1.38 percent month-over-month), mainly due to higher prices of airline tickets (+26.49 percent) and ethanol (4.07 percent). 

In contrast, housing prices slowed to 0.33 percent in March and health cost decelerated to 0.43 percent from 0.74 percent in February. 

Joana Taborda | joana.taborda@tradingeconomics.com
4/9/2014 1:30:10 PM

RECENT RELEASES

Brazil Inflation Rate Rises Above Forecasts
In February of 2014, Brazilian annual inflation rate accelerated to 5.68 percent from 5.59 percent in the previous month. On a monthly basis, prices rose to 0.69 percent due to higher housing rents and school fees. Published on 2014-03-12

Brazil Inflation Rate Slows to 14-Month Low
In January of 2014, Brazil’s annual inflation rate slowed to 5.59 percent, the lowest rate since November of 2011. On a monthly basis, inflation decelerated to 0.55 percent, mainly due to lower transport prices. Since the beginning of 2014, the CPI includes two new regions, Vitória and Campo Grande. Published on 2014-02-07


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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