Core consumer prices in Brazil increased 4.35 percent in August of 2026 over the same month in the previous year. Core Inflation Rate in Brazil averaged 5.36 percent from 2013 until 2026, reaching an all time high of 10.48 percent in June of 2022 and a record low of 1.96 percent in August of 2020. source: Banco Central do Brasil

Core Inflation Rate in Brazil is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Core Inflation Rate is projected to trend around 3.60 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 7695.82 7633.23 points Sep 2026
Core Inflation Rate 4.35 4.43 percent Aug 2026
CPI Housing Utilities 13095.07 12799.40 points Sep 2026
CPI Transportation 7191.34 7127.90 points Sep 2026
Export Prices 169.89 166.64 points Sep 2026
Food Inflation 4.64 3.51 percent Sep 2026
GDP Deflator 5.80 4.10 percent Dec 2025
IGP-M Inflation MoM 1.57 -0.22 percent Sep 2026
Import Prices 135.25 138.55 points Sep 2026
Inflation Rate YoY 4.58 4.22 percent Sep 2026
Inflation Rate MoM 0.82 -0.32 percent Sep 2026
IPC-Fipe Inflation MoM 0.51 0.01 percent Sep 2026
IPCA mid-month CPI MoM 0.32 0.70 percent Oct 2026
IPCA mid-month CPI YoY 4.62 4.47 percent Oct 2026
PPI MoM 1.54 0.34 percent Sep 2026
Producer Prices 173.30 170.70 points Sep 2026
PPI YoY 4.34 2.53 percent Sep 2026


Brazil Core Inflation Rate
In Brazil, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
4.35 4.43 10.48 1.96 2013 - 2026 percent Monthly
NSA