The annual average consumer price index in Brazil was forecast to continuously increase between 2024 and 2029 by in total 7.6 trillion points (+16.6 percent). After the twenty-second consecutive increasing year, the index is estimated to reach 53.38 trillion points and therefore a new peak in 2029. Notably, the annual average consumer price index was continuously increasing over the past years. As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.
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IMF. (October 22, 2024). Annual average consumer price index in Brazil from 2007 to 2029 (in trillion points) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1391879/annual-average-consumer-price-index-brazil/
IMF. "Annual average consumer price index in Brazil from 2007 to 2029 (in trillion points)." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1391879/annual-average-consumer-price-index-brazil/
IMF. (2024). Annual average consumer price index in Brazil from 2007 to 2029 (in trillion points). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1391879/annual-average-consumer-price-index-brazil/
IMF. "Annual Average Consumer Price Index in Brazil from 2007 to 2029 (in Trillion Points)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1391879/annual-average-consumer-price-index-brazil/
IMF, Annual average consumer price index in Brazil from 2007 to 2029 (in trillion points) Statista, https://www.statista.com/statistics/1391879/annual-average-consumer-price-index-brazil/ (last visited November 21, 2024)
Annual average consumer price index in Brazil from 2007 to 2029 (in trillion points) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1391879/annual-average-consumer-price-index-brazil/