Brazil's annual inflation rate rose to 2.44 percent in August 2020 from 2.31 percent in the previous month and compared with market forecasts of 2.42 percent. Prices increased further for food & beverages (8.83 percent vs 7.61 percent in July); health (3.25 percent vs 2.70 percent); and communication (2.98 percent vs 2.39 percent). Also, cost of transport fell less (-1.24 percent vs -2.43 percent). On the other hand, prices eased for housing (0.41 percent vs 1.24 percent); personal expenses (2.5 percent vs 2.84 percent); and education (1.14 percent vs 4.95 percent). In addition, cost of clothing dropped at a faster pace (-1.99 percent vs -1 percent). On a monthly basis, consumer prices went up 0.24 percent, slowing from a 0.36 percent gain in the prior month and compared with market expectations of a 0.23 percent rise.

Inflation Rate in Brazil averaged 334.29 percent from 1980 until 2020, 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 September of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)