Consumer Price Index: Total Food Including Restaurants for Brazil
CPGDFD01BRA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173.08
Year-over-Year Change
134.54%
Date Range
1/1/1981 - 1/1/2017
Summary
The Consumer Price Index: Total Food Including Restaurants for Brazil measures the change in prices for food and restaurant meals in Brazil. It is a key indicator of inflationary pressures and consumer purchasing power.
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
This index tracks the prices of a basket of food and restaurant items that represent typical household consumption in Brazil. It is used by economists and policymakers to assess the cost of living and the overall state of the Brazilian economy.
Methodology
The data is collected through surveys of consumer prices across the country and aggregated into a comprehensive index.
Historical Context
The CPI for food and restaurants is a closely watched metric for the Brazilian central bank and government in setting monetary and fiscal policies.
Key Facts
- Brazil is the largest economy in Latin America.
- Food and dining account for over 20% of typical household expenditures in Brazil.
- CPI data is released monthly by the Brazilian Institute of Geography and Statistics.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Total Food Including Restaurants for Brazil measures the change in prices for a basket of food and restaurant items that represent typical household consumption in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer purchasing power in Brazil, which is important for economic policymakers, investors, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices across Brazil and aggregated into a comprehensive index by the Brazilian Institute of Geography and Statistics.
Q: How is this trend used in economic policy?
A: The CPI for food and restaurants is closely watched by the Brazilian central bank and government in setting monetary and fiscal policies to manage inflation and support consumer spending.
Q: Are there update delays or limitations?
A: The CPI data is released monthly by the Brazilian government, with a typical 2-week delay between the reference period and publication.
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Citation
U.S. Federal Reserve, Consumer Price Index: Total Food Including Restaurants for Brazil (CPGDFD01BRA661N), retrieved from FRED.