The annual inflation rate in Brazil jumped to 12.13% in April of 2022 from 11.30% in March, and slightly above market expectations of 12.07%. It marks the eighth consecutive month of double-digit inflation rates and the highest since October 2003. Prices advanced faster for transport (19.70% vs 17.37%), namely fuels (33.24%); food & drinks (13.47% vs 11.62%), and healthcare (5.12% vs 4.52%). On the other hand, housing prices rose at a softer pace (13.44% vs 15.00%). On a monthly basis, consumer prices were up 1.06%, easing from a 1.62% rise in March, but marking the biggest change for an April month since 1996. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Inflation Rate in Brazil averaged 321.16 percent from 1980 until 2022, reaching an all time high of 6821.31 percent in April of 1990 and a record low of 1.65 percent in December of 1998. This page provides - Brazil Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Inflation Rate in Brazil is expected to be 12.97 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Inflation Rate is projected to trend around 4.00 percent in 2023 and 3.50 percent in 2024, according to our econometric models.