Labor Compensation: Earnings: All Activities: Monthly for Brazil

Index 2015=100, Annual, Seasonally Adjusted

LCEATT03BRA661S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

147.52

Year-over-Year Change

71.69%

Date Range

1/1/2013 - 1/1/2022

Summary

This economic indicator measures Brazil's consumer price index, a key measure of inflation. Tracking changes in this index is crucial for policymakers and economists to assess the overall health of the Brazilian economy.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Brazil Consumer Price Index (CPI) tracks the weighted average change in prices paid by Brazilian consumers for a basket of consumer goods and services. It is a widely followed economic indicator used to evaluate inflationary pressures and guide monetary policy decisions.

Methodology

The Brazilian Institute of Geography and Statistics (IBGE) collects price data from thousands of retailers to calculate the CPI.

Historical Context

Central banks and analysts closely monitor Brazil's CPI to inform interest rate and economic policy decisions.

Key Facts

  • The CPI is calculated based on a basket of over 300 consumer goods and services.
  • Brazil's CPI has a base year of 2015 = 100.
  • The CPI is released monthly by the Brazilian government.

FAQs

Q: What does this economic trend measure?

A: This trend measures changes in the prices of consumer goods and services in Brazil, providing a broad indicator of inflation in the Brazilian economy.

Q: Why is this trend relevant for users or analysts?

A: The Brazil CPI is a critical economic indicator used by policymakers, investors, and analysts to assess inflationary pressures and guide monetary and fiscal policy decisions.

Q: How is this data collected or calculated?

A: The Brazilian Institute of Geography and Statistics (IBGE) collects price data from thousands of retailers across the country to calculate the monthly CPI.

Q: How is this trend used in economic policy?

A: Brazil's central bank closely monitors the CPI to inform interest rate decisions and broader monetary policy aimed at maintaining stable prices and economic growth.

Q: Are there update delays or limitations?

A: The Brazil CPI is released on a monthly basis with a typical 1-2 week delay, providing timely but not real-time data on inflationary trends.

Related Trends

Citation

U.S. Federal Reserve, Brazil Consumer Price Index (LCEATT03BRA661S), retrieved from FRED.