Brazil’s General Market Price Index rose 0.41% month-on-month in January 2026, reversing December’s 0.01% decline. The index now shows a 0.41% increase for the year, while the 12-month rate remains negative at -0.91%. By comparison, in January 2025 the IGP-M had risen 0.27% in the month and was up 6.75% on a 12-month basis. source: FGV - Fundacao Getulio Vargas

IGP-M Inflation MoM in Brazil averaged 4.56 percent from 1989 until 2026, reaching an all time high of 83.95 percent in March of 1990 and a record low of -1.93 percent in June of 2023. This page includes a chart with historical data for Brazil IGP-M Inflation MoM. Brazil IGP-M Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

IGP-M Inflation MoM in Brazil is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil IGP-M Inflation MoM is projected to trend around 0.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-29 11:00 AM
IGP-M Inflation MoM
Dec -0.01% 0.27% 0.15% 0.2%
2026-01-29 11:00 AM
IGP-M Inflation MoM
Jan 0.41% -0.01% 0.41% 0.1%
2026-02-27 11:00 AM
IGP-M Inflation MoM
Feb 0.41%


Related Last Previous Unit Reference
Consumer Price Index CPI 7403.29 7378.94 points Dec 2025
Core Inflation Rate 5.12 5.06 percent Aug 2025
CPI Housing Utilities 14255.91 14327.55 points Dec 2025
CPI Transportation 6992.53 6941.17 points Dec 2025
Export Prices 158.00 156.00 points Jan 2026
Food Inflation 2.95 3.88 percent Dec 2025
GDP Deflator 3.80 5.20 percent Dec 2024
IGP-M Inflation MoM 0.41 -0.01 percent Jan 2026
Import Prices 118.00 118.00 points Jan 2026
Inflation Rate YoY 4.44 4.26 percent Jan 2026
Inflation Rate MoM 0.33 0.33 percent Jan 2026
IPC-Fipe Inflation MoM 0.21 0.32 percent Jan 2026
IPCA mid-month CPI MoM 0.20 0.25 percent Jan 2026
IPCA mid-month CPI YoY 4.50 4.41 percent Jan 2026
PPI MoM 0.12 -0.35 percent Dec 2025
Producer Prices 164.71 165.32 points Nov 2025
PPI YoY -4.53 -3.38 percent Dec 2025


Brazil IGP-M Inflation MoM
The IGP-M Inflation Index in Brazil is an index that measures and tracks the changes in price of goods in the stages before the retail level. Wholesale price indexes (WPIs) report monthly to show the average price changes of goods sold in bulk, and they are a group of the indicators that follow growth in the economy.
Actual Previous Highest Lowest Dates Unit Frequency
0.41 -0.01 83.95 -1.93 1989 - 2026 percent Monthly
NSA