• Monthly inflation rate in Brazil 2022

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In May 2022, the inflation rate in Brazil amounted to 11.73 percent compared to the same month of the previous year. The inflation rate in the Latin American country has been experiencing a steep upward trend since the second quarter of 2020.

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 2018 to May 2022 (compared to the same month of the previous year)

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Release date

June 2022

More information

Region

Brazil

Survey time period

January 2018 to May 2022

Supplementary notes

Data refers to the metropolitan areas of Belém, Fortaleza, Recife, Salvador, Belo Horizonte, Rio de Janeiro, São Paulo, Curitiba, Porto Alegre, Goiânia, Vitória, Campo Grande and the federal district of Brasília.