Brazil Inflation Rate

Last Release

Sep 30, 2024

Actual

4.42

Units In

4.24

Frequency

Monthly

Next Release

Nov 08, 2024

Time to Release

28 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
6,821.31 Apr 1990	1.65 Dec 1998	303.76 %	1980-2024	N/A

In Brazil, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories of the index are: Food and beverages (26 percent of the total weight); transport (18 percent); housing (15 percent); health care (12 percent); and personal expenses (11 percent). Also, clothing accounts for 6 percent; education for 5 percent; household goods for 4 percent; and communication for 4 percent. 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.

Latest Updates

The annual inflation rate in Brazil rose to 4.42% in September of 2024, up from 4.24% in the prior month, largely in line with market expectations of 4.43%. Prices accelerated for food and beverages (5.86% vs 4.59% in August), housing & utilities (4.58% vs 3.22%), and healthcare (6.14% vs 5.70%). Conversely, inflation eased for transportation (3.22% vs 4.53%) and personal expenses (3.67% vs 4.45%). From the previous month, Brazilian consumer prices advanced by 0.44%, following a 0.02% drop in August and roughly aligned with expectations. Biggest upward pressure came from the cost of housing (1.80%), namely residential electricity (5.36%), and food and beverages (0.5%). Also, transport prices grew 0.14%, driven by a rise in the cost of airfares (4.64%) and ethanol (0.75%).