Consumer Price Index: Total Food Including Restaurants for Brazil
CPGDFD01BRM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.59
Year-over-Year Change
-1.46%
Date Range
10/1/1980 - 5/1/2018
Summary
The Consumer Price Index: Total Food Including Restaurants for Brazil measures the change in prices paid by Brazilian consumers for a basket of food items, including restaurant meals. It is a key indicator of Brazilian food inflation.
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 CPI: Total Food Including Restaurants for Brazil is a monthly economic indicator that tracks the prices of a wide range of food items and restaurant services consumed by Brazilian households. It is a subcomponent of the broader Brazilian Consumer Price Index and helps economists and policymakers understand domestic food inflation trends.
Methodology
The data is collected through surveys of prices paid by consumers at retail outlets and restaurants across Brazil.
Historical Context
The food price index is closely monitored by the Central Bank of Brazil as it informs monetary policy decisions aimed at maintaining stable inflation.
Key Facts
- The base year for the Brazilian food CPI is 2010.
- Food and non-alcoholic beverages account for about 18% of the Brazilian consumer price index basket.
- Brazilian food prices rose 10.7% year-over-year as of the most recent data.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Total Food Including Restaurants for Brazil tracks the change in prices paid by Brazilian consumers for a basket of food items, including meals consumed at restaurants.
Q: Why is this trend relevant for users or analysts?
A: This food price index is a key indicator of domestic inflation in Brazil and helps economists and policymakers assess the cost-of-living pressures faced by Brazilian households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers at retail outlets and restaurants across Brazil.
Q: How is this trend used in economic policy?
A: The Brazilian Central Bank closely monitors the food price index as it informs their monetary policy decisions aimed at maintaining stable inflation.
Q: Are there update delays or limitations?
A: The food CPI data is published monthly by the U.S. Federal Reserve with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Consumer Price Index: Total Food Including Restaurants for Brazil (CPGDFD01BRM661N), retrieved from FRED.