Brazil’s mid-month consumer prices rose by 0.20% in the first half of January 2026, almost in line with analysts' estimates of a 0.21%, slightly below December’s 0.25% increase. Health and personal care (+0.81%) had the largest impact and variation among the seven categories that recorded price growth. Other significant contributors included communication (+0.73%) and household items (+0.43%). Food and beverages, the heaviest-weighted group in the index, accelerated from 0.13% in December to 0.31% in January. Conversely, prices decreased for housing (-0.26%) and transportation (-0.13%). On a year-on-year basis, mid-month inflation accelerated to 4.50% from 4.41% previously, compared to forecasts of 4.51%. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Mid-month Inflation Rate MoM in Brazil decreased to 0.20 percent in January from 0.25 percent in December of 2025. Mid-month Inflation Rate MoM in Brazil averaged 0.50 percent from 2000 until 2026, reaching an all time high of 3.05 percent in December of 2002 and a record low of -0.73 percent in August of 2022. This page includes a chart with historical data for Brazil Mid-month Inflation Rate MoM. Brazil Mid-month Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Mid-month Inflation Rate MoM in Brazil decreased to 0.20 percent in January from 0.25 percent in December of 2025. Mid-month Inflation Rate MoM in Brazil is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Mid-month Inflation Rate MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-23 12:00 PM
IPCA mid-month CPI MoM
Dec 0.25% 0.2% 0.3% 0.1%
2026-01-27 12:00 PM
IPCA mid-month CPI MoM
Jan 0.2% 0.25% 0.21% 0.4%
2026-02-25 12:00 PM
IPCA mid-month CPI MoM
Feb 0.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 7403.29 7378.94 points Dec 2025
CPI Housing Utilities 14255.91 14327.55 points Dec 2025
CPI Transportation 6992.53 6941.17 points Dec 2025
Food Inflation 2.95 3.88 percent Dec 2025
Inflation Rate YoY 4.44 4.26 percent Jan 2026
Inflation Rate MoM 0.33 0.33 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


Brazil Mid-month Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.25 3.05 -0.73 2000 - 2026 percent Monthly
NSA

News Stream
Brazil Mid-Month Inflation Eases in January
Brazil’s mid-month consumer prices rose by 0.20% in the first half of January 2026, almost in line with analysts' estimates of a 0.21%, slightly below December’s 0.25% increase. Health and personal care (+0.81%) had the largest impact and variation among the seven categories that recorded price growth. Other significant contributors included communication (+0.73%) and household items (+0.43%). Food and beverages, the heaviest-weighted group in the index, accelerated from 0.13% in December to 0.31% in January. Conversely, prices decreased for housing (-0.26%) and transportation (-0.13%). On a year-on-year basis, mid-month inflation accelerated to 4.50% from 4.41% previously, compared to forecasts of 4.51%.
2026-01-27
Brazil Mid-Month CPI Increases Less Than Expected
Brazil’s mid-month consumer prices rose 0.25% in the first half of December 2025, slightly below forecasts of a 0.3% increase and marginally higher than the 0.20% rise recorded in November. Seven of the nine product and service groups posted gains, led by transportation prices, which climbed 0.69% and had the largest positive impact on the index. Clothing also increased 0.69%, while personal expenses rose 0.46%. Food and beverages recorded a modest 0.13% increase. In contrast, household articles fell 0.64%, marking a fourth consecutive monthly decline. On a year-on-year basis, mid-month inflation eased to 4.41% from 4.50%.
2025-12-23
Brazil Mid-Month CPI Picks Up Slightly in November
Brazil’s mid-month consumer prices rose 0.20% in the first half of November 2025, slightly above forecasts of 0.18% and accelerating from a 0.18% increase in October. Seven of the nine product and service groups surveyed posted gains. Personal expenses saw the largest rise (0.85%), followed by health and personal care (0.29%) and transportation (0.22%). After five months of declines, food and beverages prices edged up 0.09%. Housing prices rose at the same pace, while clothing prices rose 0.19%. Meanwhile, household goods recorded the steepest drop at -0.20%. Annual mid-month inflation eased to 4.50% from 4.94%.
2025-11-26