Brazil Inflation Rate

Last Release

Dec 31, 2024

Actual

4.83

Units In

4.87

Frequency

Monthly

Next Release

Feb 07, 2025

Time to Release

26 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
6,821.31 Apr 1990	1.65 Dec 1998	302.06 %	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

Annual inflation rate in Brazil came in at 4.83% in December 2024, little changed from 4.87% in November. Inflation softened for housing and utilities (3.06% vs 4% in November), with cost for residential electricity falling 0.37%. On the other hand, prices rose slightly more for food and beverages (7.69% vs 7.63%), transportation (3.3% vs 3.11% in October), and personal spending (5.13% vs 4.98%). Compared to the previous month, the CPI went up 0.52%, above 0.39% in November. Biggest upward contribution came from cost of food and beverages (1.18%) and transportation (0.67%), namely meat (5.26%), soybean oil (5.12%), ground coffee (4.99%) and airline tickets (4.54%). In contrast, prices for housing and utilities fell 0.56%, led by a 3.19% drop in residential electricity after the return of the green tariff flag in December, which eliminates additional charges on bills. In 2024, inflation was 4.83%, above 4.62% in 2023.