The Brazil's mid-month consumer price inflation eased to 0.36% in March 2024 from 0.78% the month before, while analysts expected it at 0.32%. The deceleration in prices was primarily seen for education (0.14% vs 5.07% in February). In addition, prices eased for food & beverages (0.91% vs 0.97%), despite the steep rises in onion (16.64%), chicken egg (6.24%), and fruits (5.81%). Furthermore, costs fell for household items (-0.58% vs 0.45%), personal expenses (-0.07% vs 0.46%), and communication (-0.04% vs 1.67%). Conversely, prices increased at a faster pace for housing (0.19% vs 0.14%) and transportation (0.43% vs 0.15%), while declining at a slower rate for clothing (-0.22% vs -0.39%). Yearly, inflation decelerated to 4.14% in March 2024, from a reading of 4.49% in the preceding period and slightly above market estimates of 4.1%. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Mid-month Inflation Rate MoM in Brazil decreased to 0.36 percent in March from 0.78 percent in February of 2024. Mid-month Inflation Rate MoM in Brazil averaged 0.51 percent from 2000 until 2024, 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 April of 2024.

Mid-month Inflation Rate MoM in Brazil decreased to 0.36 percent in March from 0.78 percent in February of 2024. Mid-month Inflation Rate 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 Mid-month Inflation Rate MoM is projected to trend around 0.40 percent in 2025, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-02-27 12:00 PM
IPCA mid-month CPI MoM
Feb 0.78% 0.31% 0.82% 0.5%
2024-03-26 12:00 PM
IPCA mid-month CPI MoM
Mar 0.36% 0.78% 0.32% 0.3%
2024-04-26 12:00 PM
IPCA mid-month CPI MoM
Apr 0.36% 0.29% 0.3%


Related Last Previous Unit Reference
Consumer Price Index CPI 6869.14 6858.17 points Mar 2024
CPI Housing Utilities 11458.40 11427.55 points Feb 2024
CPI Transportation 6571.67 6524.69 points Feb 2024
Food Inflation 3.10 2.62 percent Mar 2024
Inflation Rate YoY 3.93 4.50 percent Mar 2024
Inflation Rate MoM 0.16 0.83 percent Mar 2024
IPCA mid-month CPI MoM 0.36 0.78 percent Mar 2024
IPCA mid-month CPI YoY 4.14 4.49 percent Mar 2024

Brazil Mid-month Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.36 0.78 3.05 -0.73 2000 - 2024 percent Monthly
NSA

News Stream
Brazil Mid-March Inflation Eases
The Brazil's mid-month consumer price inflation eased to 0.36% in March 2024 from 0.78% the month before, while analysts expected it at 0.32%. The deceleration in prices was primarily seen for education (0.14% vs 5.07% in February). In addition, prices eased for food & beverages (0.91% vs 0.97%), despite the steep rises in onion (16.64%), chicken egg (6.24%), and fruits (5.81%). Furthermore, costs fell for household items (-0.58% vs 0.45%), personal expenses (-0.07% vs 0.46%), and communication (-0.04% vs 1.67%). Conversely, prices increased at a faster pace for housing (0.19% vs 0.14%) and transportation (0.43% vs 0.15%), while declining at a slower rate for clothing (-0.22% vs -0.39%). Yearly, inflation decelerated to 4.14% in March 2024, from a reading of 4.49% in the preceding period and slightly above market estimates of 4.1%.
2024-03-26
Brazil Mid-February Inflation Picks Up
Brazil's mid-month consumer price inflation advanced to 0.78% in February 2024 from 0.31% the month before, while analysts expected it at 0.82%. The acceleration in prices was primarily seen for education (5.07% vs 0.39% in January). In addition, prices rebounded for communication (1.67% vs -0.03%) and transport (0.15% vs -1.13%). Conversely, prices increased at a slower pace for food & beverages (0.97% vs 1.53%), despite the steep rises in carrots (36.21%), Irish potatoes (22.58%), beans (7.21%), rice (5.85%) and fruits (2.24%). Yearly, inflation picked up to 4.49% in February 2024, accelerating from a reading of 4.47% in the preceding period and below market estimates of 4.52%.
2024-02-27
Brazil Mid-January Inflation Unexpectedly Slows
Brazil's mid-month consumer price inflation eased to 0.31% in January 2024 from 0.4% the month before, while analysts expected it at 0.47%. The moderation in prices was primarily seen for housing (0.33% vs 0.48% in December). Additionally, prices decreased for transportation (-1.13% vs 0.77%). By contrast, food prices picked up (1.53% vs 0.54%), mainly due to steep rises in Irish potatoes (25.95%), tomatoes (11.19%), rice (5.85%) and fruits (5.45%). Yearly, inflation decelerated for the third fortnight in a row, hitting a five-month low of 4.47% in early January, down from 4.72% in the prior period and below market estimates of 4.63%.
2024-01-26