Core consumer prices in Brazil increased 3.55 percent in May of 2024 over the same month in the previous year. Core Inflation Rate in Brazil averaged 5.54 percent from 2013 until 2024, reaching an all time high of 10.50 percent in June of 2022 and a record low of 1.97 percent in August of 2020. source: Banco Central do Brasil
Core Inflation Rate in Brazil is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Core Inflation Rate is projected to trend around 4.50 percent in 2025, according to our econometric models.