Brazil Inflation Rate

Last Release

Jan 31, 2025

Actual

4.56

Units In

4.83

Frequency

Monthly

Next Release

Mar 12, 2025

Time to Release

27 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
6,821.31 Apr 1990	1.65 Dec 1998	301.5 %	1980-2025	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 softened to 4.56% in January of 2025 from 4.83% in the previous month, in line with market expectations, to mark the lowest inflation rate since September of last year. Still, the rate remained above the central bank’s upper tolerance band of 4.5%, backing the outlook that the monetary authority will deliver another rate hike in March, as signaled in December. Despite remaining elevated, prices decelerated for food and beverages (7.25% vs 7.69% in December 2024), while costs fell for housing and utilities (-0.36% vs 3.06%), solely due to the impact that one-time energy credits drove deflation for electricity (-13.98% vs -0.37%). In turn, prices rose sharply for (5.32% vs 3.3%). From the previous month, consumer prices edged 0.16% higher, the softest increase for January since 1994.