Brazil Inflation Rate 1980-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Brazil was recorded at 8.47 percent in May of 2015. Inflation Rate in Brazil averaged 384.37 percent from 1980 until 2015, 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. Inflation Rate in Brazil is reported by the Instituto Brasileiro de Geografia e Estatística (IBGE).

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Brazil Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
8.47 8.17 6821.31 1.65 1980 - 2015 percent Monthly
In Brazil, the components of the Consumer Price Index are: food and beverages, transport, housing, household goods, health care, personal expenses, clothing, communication and education. Data is collected in the Metropolitan Areas of São Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre, Belém, Fortaleza, Recife, Salvador and Curitiba and in the cities of Goiânia and Brasília. This page provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Brazil Inflation Rate - was last refreshed on Monday, July 6, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-08 01:00 PM Mar 8.13% 7.70% 8.2% 8.00%
2015-05-08 01:00 PM Apr 8.17% 8.13% 8.22% 8.22%
2015-06-10 01:00 PM May 8.47% 8.17% 8.32% 8.25%
2015-07-08 01:00 PM Jun 8.5% 8.93% 8.6%
2015-08-07 01:00 PM Jul 7.86%
2015-09-10 01:00 PM Aug 7.71%


Brazil Inflation Rate at 11-1/2-Year High


Consumer prices in Brazil increased 8.47 percent year-on-year in May of 2015. The inflation rate accelerated for the fifth straight month, reaching the highest value since December of 2003.

The inflation has been on the rise since January when the government initiated a number of austerity measures and tax increases aiming at balancing overall budget. The new taxes have raised the prices of basics like electricity, bus fares and gasoline. The government has been trying to fight inflation by increasing the borrowing cost. In fact, since September of 2014, the Selic overnight lending rate was raised by 275 basis points to 13.75 percent.

On a month-on-month basis, consumer prices edged up 0.74 percent, following a 0.71 percent increase in April. Electricity cost accounted for most of the rise (up 2.77 percent) though there were big differences among regions. For example in Recife electricity prices rose by 12.2 percent, in Salvador by 12.07 percent, in São Paulo by 1.87 percent and in Rio de Janeiro by 1.21 percent. Additional upward pressure came from cost of food and beverages which rose 1.37 percent and health and personal care (up 1.1 percent). In contrast, transport prices fell 0.29 percent. 

Joana Taborda | joana.taborda@tradingeconomics.com
6/10/2015 3:45:43 PM


Recent Releases

Brazil Inflation Rate Edges Up in April
Consumer prices in Brazil increased 8.17 percent year-on-year in April of 2015, following a 8.13 percent rise in the previous month. It is the fourth consecutive month the inflation stays well above central bank's upper-limit target of 6.5 percent.
Published on 2015-05-08

Brazil Inflation Rate At 12-Year High
Consumer prices in Brazil rose 8.13 percent year-on-year in March of 2015, up from 7.7 percent in February, as energy cost surged after the government introduced higher taxes and fees. It is the highest rate since December of 2003 when it reached 9.3 percent.
Published on 2015-04-08

Brazil’s Inflation at Nearly 10-year High
Brazil’s consumer prices accelerated more than expected to 7.7 percent in February of 2015, the highest level since May of 2005 when inflation reached 8.05 percent. The number came well above the 6.5 percent ceiling of the central bank’s target range.
Published on 2015-03-06

Brazil Inflation Rate at 3-1/2-Year High
Brazil annual inflation rate increased to 7.14 percent in January of 2015 from 6.41 percent in the previous month. It is the highest figure since September of 2011, well above the central bank’s target.
Published on 2015-02-06


Brazil Prices Last Previous Highest Lowest Unit
Inflation Rate 8.47 8.17 6821.31 1.65 percent [+]
Inflation Rate Mom 0.74 0.71 82.39 -0.51 percent [+]
Consumer Price Index CPI 4276.60 4245.19 4276.60 0.00 Index Points [+]
Core Inflation Rate 8.41 8.33 8.41 4.85 percent [+]
GDP Deflator 6.90 6.90 2736.97 4.24 percent [+]
Producer Prices 612.43 611.29 612.43 0.00 Index Points [+]
Export Prices 123.82 124.44 187.34 65.75 Index Points [+]
Import Prices 122.59 123.38 145.42 59.42 Index Points [+]
Food Inflation 8.79 7.95 5266.83 -1.71 percent [+]
Producer Prices Change 1.85 1.00 6719.66 -4.77 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Mar/15 1.70 23.90 -1.30 percent [+]
Brazil 8.47 May/15 8.17 6821.31 1.65 percent [+]
Canada 0.90 May/15 0.80 21.60 -17.80 percent [+]
China 1.20 May/15 1.50 28.40 -2.20 percent [+]
Euro Area 0.20 Jun/15 0.30 5.00 -0.70 percent [+]
France 0.30 May/15 0.10 18.80 -0.70 percent [+]
Germany 0.30 Jun/15 0.70 11.54 -7.62 percent [+]
India 5.01 May/15 4.87 11.16 4.38 percent [+]
Indonesia 7.26 Jun/15 7.15 82.40 -1.17 percent [+]
Italy 0.10 Jun/15 0.10 25.64 -0.60 percent [+]
Japan 0.50 May/15 0.60 25.00 -2.52 percent [+]
Mexico 2.88 May/15 3.06 179.73 2.88 percent [+]
Netherlands 1.10 May/15 0.60 11.19 -1.30 percent [+]
Russia 15.30 Jun/15 15.80 2333.30 3.60 percent [+]
South Korea 0.70 Jun/15 0.50 32.50 0.20 percent [+]
Spain 0.10 Jun/15 -0.20 28.43 -1.37 percent [+]
Switzerland -1.00 Jun/15 -1.20 11.92 -1.37 percent [+]
Turkey 7.20 Jun/15 8.09 138.71 -4.01 percent [+]
United Kingdom 0.10 May/15 -0.10 8.50 -0.10 percent [+]
United States 0.00 May/15 -0.20 23.70 -15.80 percent [+]