Consumer Price Index: All Items: Total for Brazil
CPALTT01BRA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.59
Year-over-Year Change
-30.78%
Date Range
1/1/1981 - 1/1/2023
Summary
The Consumer Price Index: All Items: Total for Brazil measures the overall price level of consumer goods and services in Brazil. This key economic indicator is closely watched by policymakers and economists to assess inflationary pressures and guide monetary policy decisions.
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 Consumer Price Index (CPI) is a widely used measure of inflation that tracks the changes in the prices paid by consumers for a basket of common goods and services. The All Items: Total index for Brazil provides a comprehensive assessment of price movements across the entire Brazilian economy.
Methodology
The Brazilian Institute of Geography and Statistics (IBGE) collects and calculates the CPI data using a survey of consumer expenditures.
Historical Context
The Brazilian CPI is a crucial input for the Central Bank of Brazil's monetary policy decisions as it seeks to maintain price stability.
Key Facts
- Brazil's CPI has averaged around 6% annually over the past decade.
- The CPI is calculated based on a 'basket' of over 400 consumer goods and services.
- The Central Bank of Brazil targets an inflation rate of 4.75% (+/- 1.5 percentage points).
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: All Items: Total for Brazil measures the overall price level of consumer goods and services purchased by Brazilian households.
Q: Why is this trend relevant for users or analysts?
A: The Brazilian CPI is a key indicator used by policymakers, economists, and investors to assess inflationary pressures and guide monetary policy decisions in the country.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Brazilian Institute of Geography and Statistics (IBGE) based on a survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Brazilian CPI is a crucial input for the Central Bank of Brazil's monetary policy as it seeks to maintain price stability and meet its inflation target.
Q: Are there update delays or limitations?
A: The CPI data is published monthly by the IBGE with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: All Items: Total for Brazil (CPALTT01BRA657N), retrieved from FRED.