In July 2024, the inflation rate in Brazil amounted to 4.5 percent compared to the same month of the previous year. The inflation rate peaked in April 2022 and has declined until June of that year, before rising again.
The Consumer Price Index shows the price development for household expenses and, when it increases, it shows that there is inflation. Inflation can be defined as a permanent and generalized increase of the price levels in an economy (prices for consumer and intermediate goods).
Inflation rate in Brazil from January 2016 to July 2024
(compared to the same month of the previous year)
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Brazilian Institute of Geography and Statistics. (August 9, 2024). Inflation rate in Brazil from January 2016 to July 2024 (compared to the same month of the previous year) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/276319/monthly-inflation-rate-in-brazil/
Brazilian Institute of Geography and Statistics. "Inflation rate in Brazil from January 2016 to July 2024 (compared to the same month of the previous year)." Chart. August 9, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/276319/monthly-inflation-rate-in-brazil/
Brazilian Institute of Geography and Statistics. (2024). Inflation rate in Brazil from January 2016 to July 2024 (compared to the same month of the previous year). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/276319/monthly-inflation-rate-in-brazil/
Brazilian Institute of Geography and Statistics. "Inflation Rate in Brazil from January 2016 to July 2024 (Compared to The Same Month of The Previous Year)." Statista, Statista Inc., 9 Aug 2024, https://www.statista.com/statistics/276319/monthly-inflation-rate-in-brazil/
Brazilian Institute of Geography and Statistics, Inflation rate in Brazil from January 2016 to July 2024 (compared to the same month of the previous year) Statista, https://www.statista.com/statistics/276319/monthly-inflation-rate-in-brazil/ (last visited December 30, 2024)
Inflation rate in Brazil from January 2016 to July 2024 (compared to the same month of the previous year) [Graph], Brazilian Institute of Geography and Statistics, August 9, 2024. [Online]. Available: https://www.statista.com/statistics/276319/monthly-inflation-rate-in-brazil/