He National Consumer Price Index (CPI) of Brazil rose 0.11% in the first half of Januarymoderating by 0.23 percentage points the increase of 0.34% seen in December, as published by the Brazilian Institute of Geography and Statistics. This is the lowest increase registered by the indicator since July 2023.
At the year -on -year, the variation in inflation was 4.50%below the 4.71% previous.
Eight of the nine groups of products and services had negative results in January. Food and drinks recorded the greatest variation, rising 1.06%, causing the main impact, followed by transport (1.01%). For its part, housing (-3.43%) faced deflation, which helped control the January index.
Real Brazilian reaction
The Brazilian real has given ground against the dollar after the publication, since the moderation of inflation could make the Central Bank of Brazil its increase in rates at tomorrow’s meeting. The USD/BRL quotes when writing about 5,9124, winning 0.35% in the day.
Economic indicator
Inflation in the middle of the month
The inflation indicator published by Brazilian Institute of Geography and StatisticsCapture price movements. Similar to the CPI, inflation measurement also includes personal computers, new cars and aerial tickets, while excluding housing occupied by its owners and municipal taxes. Generally, an elevated reading is up to the BRL, while a lower reading is bassist.
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Last publication: Mar Jan 28, 2025 12:00
Frequency: Monthly
Current: 0.11%
Dear: –
Previous: 0.34%
Fountain: Ibge
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
