Brazil Inflation Rate

Last Release

Nov 30, 2024

Actual

4.87

Units In

4.76

Frequency

Monthly

Next Release

Jan 10, 2025

Time to Release

29 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
6,821.31 Apr 1990	1.65 Dec 1998	302.63 %	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 4.87% in November of 2024 from 4.76% in the previous month, marginally ahead of market expectations of 4.85% to mark the highest inflation rate in 14 months. The result was in line with the central bank’s warning that increasing inflation expectations could raise prices for consumers this year, magnified by the increased government spending that drove household consumption to support the GDP in recent quarters. Prices rose at a faster pace for food and beverages (7.63% vs 6.65%), transportation (3.11% vs 2.48% in October), and personal spending (4.98% vs 4.11%). On the other hand, inflation softened for housing and utilities (4% vs 6.12%). On the other hand, inflation softened for housing and utilities (4% vs 6.12%). From the previous month, consumer prices rose by 0.39%.