Consumer prices in São Paulo were almost flat month-on-month in July 2026, after increasing by 0.18% in the preceding month. Price growth eased for health (0.10% vs 0.31% in June), while prices fell for food (-0.69% vs 0.13%); transportation (-0.13% vs 0.10%) and personal expenses (-0.07% vs -0.03%). Conversely, faster increases were seen for clothing (0.58% vs 0.31%); housign (0.57% vs 0.34%) and education (0.30% vs 0.11%) source: FIPE - Fundacao Instituto de Pesquisas Economicas

IPC-Fipe Inflation MoM in Brazil decreased to -0.03 percent in July from 0.18 percent in June of 2026. IPC-Fipe Inflation MoM in Brazil averaged 4.17 percent from 1950 until 2026, reaching an all time high of 79.11 percent in March of 1990 and a record low of -2.09 percent in November of 1950. This page includes a chart with historical data for Brazil IPC-Fipe Inflation MoM. Brazil IPC-Fipe Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

IPC-Fipe Inflation MoM in Brazil decreased to -0.03 percent in July from 0.18 percent in June of 2026. IPC-Fipe Inflation MoM in Brazil is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil IPC-Fipe Inflation MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-02 08:00 AM
IPC-Fipe Inflation MoM
Jun 0.18% 0.45% 0.3%
2026-08-04 08:00 AM
IPC-Fipe Inflation MoM
Jul -0.03% 0.18% 0.4%
2026-09-02 08:00 AM
IPC-Fipe Inflation MoM
Aug -0.03%


Related Last Previous Unit Reference
Consumer Price Index CPI 7657.73 7652.37 points Jul 2026
Core Inflation Rate 4.52 4.37 percent May 2026
CPI Housing Utilities 13043.31 12915.45 points Jul 2026
CPI Transportation 7189.73 7186.14 points Jul 2026
Export Prices 171.42 174.58 points Jul 2026
Food Inflation 3.40 3.82 percent Jul 2026
GDP Deflator 5.80 4.10 percent Dec 2025
IGP-M Inflation MoM -1.16 -0.50 percent Jul 2026
Import Prices 136.55 136.30 points Jul 2026
Inflation Rate YoY 4.44 4.64 percent Jul 2026
Inflation Rate MoM 0.07 0.16 percent Jul 2026
IPC-Fipe Inflation MoM -0.03 0.18 percent Jul 2026
IPCA mid-month CPI MoM 0.06 0.41 percent Jul 2026
IPCA mid-month CPI YoY 4.52 4.80 percent Jul 2026
PPI MoM -0.77 -0.30 percent Jun 2026
Producer Prices 171.57 172.90 points Jun 2026
PPI YoY 2.51 2.00 percent Jun 2026


Brazil IPC-Fipe Inflation MoM
In Brazil, the IPC-Fipe Inflation MoM measures month-on-month inflation within the boundaries of the city of Sao Paulo and does not include prices in the wider metropolitan area. Economists see the FIPE index as an early gauge of Brazil's benchmark IPCA inflation index, which the central bank targets when setting interest rates. The Consumer Prices Index for the City of São Paulo is the most traditional indicator of the evolution of the cost of living of families in São Paulo city and one of the oldest indicators in Brazil. It was first calculated on January 1939 by the Statistics and Documentation Division of the São Paulo City Government. In 1968, the duty of calculating the index was transferred to the Institute of Economic Research linked to the Economics Department of USP and later on to Fipe, after its creation in 1973.
Actual Previous Highest Lowest Dates Unit Frequency
-0.03 0.18 79.11 -2.09 1950 - 2026 percent Monthly
NSA

News Stream
São Paulo CPI Little Changed in July
Consumer prices in São Paulo were almost flat month-on-month in July 2026, after increasing by 0.18% in the preceding month. Price growth eased for health (0.10% vs 0.31% in June), while prices fell for food (-0.69% vs 0.13%); transportation (-0.13% vs 0.10%) and personal expenses (-0.07% vs -0.03%). Conversely, faster increases were seen for clothing (0.58% vs 0.31%); housign (0.57% vs 0.34%) and education (0.30% vs 0.11%).
2026-08-04
São Paulo Monthly Inflation Eases
Consumer prices in São Paulo rose 0.18% month-on-month in June 2026, easing from a 0.45% increase in May. Inflation moderated for housing (0.34% vs. 0.53%) and food (0.13% vs. 1.14%), while personal expenses fell 0.03%, reversing from a 0.31% increase in the previous month. In contrast, transport (0.10% vs. -0.65%) and education (0.11% vs. -0.03%) costs rebounded, and price pressures strengthened for health (0.31% vs. 0.05%) and clothing (0.31% vs. 0.18%).
2026-07-02
São Paulo Monthly Inflation Edges Up
Consumer prices in São Paulo rose 0.45% month-over-month in May 2026, following a 0.4% increase in April. Prices rebounded for housing (0.53% vs -0.15%) and increased more for food (1.14% vs 0.81%) and personal expenses (0.31% vs 0.09%). On the other hand, prices decreased for transportation (-0.65% vs 0.85%) and were little changed for health (0.05% vs 1.1%) and education (-0.03% vs 0.01%).
2026-06-02