Consumer prices in São Paulo rose 0.25% month-over-month in February 2026, slightly above January's 0.21% gain. Price pressures accelerated in food (0.42% vs 0.11%) and housing (0.38% vs -0.14%), while deflation in personal expenses eased (-0.17% vs -0.36%). On the other hand, inflation moderated across transport (0.21% vs 0.46%), healthcare (0.11% vs 0.20%), clothing (0.28% vs 1.28%), and education (0.00% vs 5.12%). source: FIPE - Fundacao Instituto de Pesquisas Economicas

IPC-Fipe Inflation MoM in Brazil increased to 0.25 percent in February from 0.21 percent in January of 2026. IPC-Fipe Inflation MoM in Brazil averaged 4.20 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 March of 2026.

IPC-Fipe Inflation MoM in Brazil increased to 0.25 percent in February from 0.21 percent in January of 2026. IPC-Fipe 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 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
2026-02-03 08:00 AM
IPC-Fipe Inflation MoM
Jan 0.21% 0.32% 0.3%
2026-03-03 08:00 AM
IPC-Fipe Inflation MoM
Feb 0.25% 0.21% -0.4%
2026-04-02 08:00 AM
IPC-Fipe Inflation MoM
Mar 0.25% 0.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 7427.72 7403.29 points Jan 2026
Core Inflation Rate 4.72 4.89 percent Nov 2025
CPI Housing Utilities 12535.25 12549.05 points Jan 2026
CPI Transportation 7034.49 6992.53 points Jan 2026
Export Prices 158.00 156.00 points Jan 2026
Food Inflation 2.20 2.95 percent Jan 2026
GDP Deflator 3.80 5.20 percent Dec 2024
IGP-M Inflation MoM -0.73 0.41 percent Feb 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 0.25 0.21 percent Feb 2026
IPCA mid-month CPI MoM 0.84 0.20 percent Feb 2026
IPCA mid-month CPI YoY 4.10 4.50 percent Feb 2026
PPI MoM 0.12 -0.35 percent Dec 2025
Producer Prices 164.96 164.75 points Dec 2025
PPI YoY -4.53 -3.38 percent Dec 2025


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
0.25 0.21 79.11 -2.09 1950 - 2026 percent Monthly
NSA

News Stream
São Paulo Inflation Edges Higher in February
Consumer prices in São Paulo rose 0.25% month-over-month in February 2026, slightly above January's 0.21% gain. Price pressures accelerated in food (0.42% vs 0.11%) and housing (0.38% vs -0.14%), while deflation in personal expenses eased (-0.17% vs -0.36%). On the other hand, inflation moderated across transport (0.21% vs 0.46%), healthcare (0.11% vs 0.20%), clothing (0.28% vs 1.28%), and education (0.00% vs 5.12%).
2026-03-03
Consumer Prices in Sao Paulo Rise at a Slower Pace
Consumer prices in the city of São Paulo in Brazil increased 0.21% month-over-month in January 2026, lower than 0.32% in the previous month. Prices rose the most for education (5.12%), clothing (1.28%), transportation (0.46%), health (0.20%), and food (0.11%), In contrast, price declined for personal expenses (-0.36%), and housing (-0.14%).
2026-02-03
Consumer Prices in Sao Paulo Edge Up
Consumer prices in the city of São Paulo in Brazil increased 0.32% month-over-month in December 2025, the most in three months, compared to 0.2% in November. Prices rose the most for transportation (0.93%), personal expenses (0.92%), clothing (0.68%) and food (0.16%). On the other hand, prices of education were little changed and cost of housing edged down 0.1%.
2026-01-06