Producer Prices in Brazil
Brazil - Producer Prices
Inflation jumps in March
Consumer prices rose 0.75% in March over the previous month, accelerating from February’s 0.32% increase and overshooting expectations of a softer 0.63% rise. The reading marked the largest jump in prices recorded in March since 2015. A jump in transportation prices as gasoline price hikes by Petrobras transmitted to consumers drove up price pressures as well as a sharp increase in food prices.
Inflation rose to 4.6% in March, notably up from February’s 3.9% and the highest reading since October. The result is above the Bank’s target of 4.25% for the end of 2019. Annual average inflation also edged up from February’s 3.8% to 4.0% in March.
Brazil Inflation Forecast
Panelists participating in the LatinFocus Consensus Forecast see inflation closing 2019 at 4.0%, which is unchanged from last month’s forecast. For 2020, the panel expects inflation of 4.1%.
Brazil - Producer Prices Data
|Inflation (PPI, annual variation in %)||5.1||2.2||11.3||7.7||-2.5|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||9.06||-0.82 %||Jan 30|
|Exchange Rate||3.69||-0.13 %||Jan 30|
|Stock Market||96,996||-0.11 %||Jan 30|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
April 15, 2019
In February, economic activity decreased 0.7% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity.
April 11, 2019
Consumer prices rose 0.75% in March over the previous month, accelerating from February’s 0.32% increase and overshooting expectations of a softer 0.63% rise.
April 3, 2019
Industrial production gained steam in February, jumping 0.7% month-on-month in seasonally-adjusted terms.
April 1, 2019
Conditions in Brazil’s manufacturing sector appear to have weakened somewhat in March.
April 1, 2019
Business sentiment in Brazil weakened at the end of Q1, with the Getulio Vargas Foundation’s (FGV, Fundaçao Getúlio Vargas) business confidence index falling to 97.2 points from 99.0 points in March.