Consumer prices in São Paulo, Brazil’s most populous city, edged up 0.04% month-over-month in August, easing from a 0.28% rise in the prior month. Prices were nearly unchanged for education (+0.01%), while transportation (-0.97%), food (-0.11%), and clothing (-0.06%) all saw small declines. On the other hand, prices increased for health (+1.06%), personal expenses (+0.68%) and housing (+0.18%). source: FIPE - Fundacao Instituto de Pesquisas Economicas

IPC-Fipe Inflation MoM in Brazil decreased to 0.04 percent in August from 0.28 percent in July of 2025. IPC-Fipe Inflation MoM in Brazil averaged 4.22 percent from 1950 until 2025, reaching an all time high of 79.11 percent in March of 1990 and a record low of -2.09 percent in November of 1950. This page includes a chart with historical data for Brazil IPC-Fipe Inflation MoM. Brazil IPC-Fipe Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

IPC-Fipe Inflation MoM in Brazil decreased to 0.04 percent in August from 0.28 percent in July of 2025. IPC-Fipe Inflation MoM in Brazil is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil IPC-Fipe Inflation MoM is projected to trend around 0.30 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-04 08:00 AM
IPC-Fipe Inflation MoM
Jul 0.28% -0.08% -0.1%
2025-09-02 08:00 AM
IPC-Fipe Inflation MoM
Aug 0.04% 0.28% 0.2%
2025-10-02 08:00 AM
IPC-Fipe Inflation MoM
Sep 0.04%


Related Last Previous Unit Reference
Consumer Price Index CPI 7331.98 7312.97 points Jul 2025
Core Inflation Rate 5.17 5.26 percent May 2025
CPI Housing Utilities 13991.97 13872.67 points Jul 2025
CPI Transportation 6774.52 6761.67 points Jul 2025
Export Prices 154.00 155.00 points Aug 2025
Food Inflation 7.44 6.66 percent Jul 2025
GDP Deflator 3.80 5.16 percent Dec 2024
IGP-M Inflation MoM 0.36 -0.77 percent Aug 2025
Import Prices 124.00 122.00 points Aug 2025
Inflation Rate YoY 5.23 5.35 percent Jul 2025
Inflation Rate MoM 0.26 0.24 percent Jul 2025
IPC-Fipe Inflation MoM 0.04 0.28 percent Aug 2025
IPCA mid-month CPI MoM -0.14 0.33 percent Aug 2025
IPCA mid-month CPI YoY 4.95 5.30 percent Aug 2025
PPI MoM -0.30 -1.27 percent Jul 2025
Producer Prices 166.86 167.37 points Jul 2025
PPI YoY 1.36 3.22 percent Jul 2025

Brazil IPC-Fipe Inflation MoM
In Brazil, the IPC-Fipe Inflation MoM measures month-on-month inflation within the boundaries of the city of Sao Paulo and does not include prices in the wider metropolitan area. Economists see the FIPE index as an early gauge of Brazil's benchmark IPCA inflation index, which the central bank targets when setting interest rates. The Consumer Prices Index for the City of São Paulo is the most traditional indicator of the evolution of the cost of living of families in São Paulo city and one of the oldest indicators in Brazil. It was first calculated on January 1939 by the Statistics and Documentation Division of the São Paulo City Government. In 1968, the duty of calculating the index was transferred to the Institute of Economic Research linked to the Economics Department of USP and later on to Fipe, after its creation in 1973.
Actual Previous Highest Lowest Dates Unit Frequency
0.04 0.28 79.11 -2.09 1950 - 2025 percent Monthly
NSA

News Stream
Sao Paulo Consumer Prices Barely Grow in August
Consumer prices in São Paulo, Brazil’s most populous city, edged up 0.04% month-over-month in August, easing from a 0.28% rise in the prior month. Prices were nearly unchanged for education (+0.01%), while transportation (-0.97%), food (-0.11%), and clothing (-0.06%) all saw small declines. On the other hand, prices increased for health (+1.06%), personal expenses (+0.68%) and housing (+0.18%).
2025-09-02
Sao Paulo Monthly Inflation Rebounds in July
Consumer prices in Sao Paulo, Brazil's most populous city, rose by 0.28% month-over-month in July, reversing from a 0.08% dip in the previous month. Price growth accelerated in housing (0.58% vs 0.30% in June) and personal care (0.33% vs 0.20%), while the pace of decline moderated in food prices (-0.48% vs -0.66%).
2025-08-04
Sao Paulo Monthly Inflation Softens in April
Consumer prices in Sao Paulo, Brazil's most populous city, rose by 0.45% month-over-month in April, slowing from a 0.62% increase in the prior month. Prices rose at a softer pace for food (0.77% vs 1.44% in March) and housing (0.42% vs 1.14%), while decreasing for personal care (-0.40% vs -0.60%).
2025-05-05