Aside from January and February, the inflation rate of food prices in Brazil in 2022 never dropped below 11 percent compared to the previous year in 2022. The highest rate of inflation was seen in July 2022, when the cost of food was 14.72 percent more than in July 2021. By October 2023, this figure had dropped significantly to below 0.5 percent.
Inflation of food prices monthly in Brazil from January 2022 to May 2024
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Trading Economics. (June 11, 2024). Inflation of food prices monthly in Brazil from January 2022 to May 2024 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1361944/monthly-food-price-inflation-in-brazil/
Trading Economics. "Inflation of food prices monthly in Brazil from January 2022 to May 2024." Chart. June 11, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1361944/monthly-food-price-inflation-in-brazil/
Trading Economics. (2024). Inflation of food prices monthly in Brazil from January 2022 to May 2024. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1361944/monthly-food-price-inflation-in-brazil/
Trading Economics. "Inflation of Food Prices Monthly in Brazil from January 2022 to May 2024." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/statistics/1361944/monthly-food-price-inflation-in-brazil/
Trading Economics, Inflation of food prices monthly in Brazil from January 2022 to May 2024 Statista, https://www.statista.com/statistics/1361944/monthly-food-price-inflation-in-brazil/ (last visited August 24, 2024)
Inflation of food prices monthly in Brazil from January 2022 to May 2024 [Graph], Trading Economics, June 11, 2024. [Online]. Available: https://www.statista.com/statistics/1361944/monthly-food-price-inflation-in-brazil/