Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Brazil

BRACP010000GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.12

Year-over-Year Change

192.82%

Date Range

10/1/1981 - 7/1/2019

Summary

The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Brazil tracks changes in prices paid by consumers for a basket of these essential goods. This metric is closely watched by economists and policymakers as 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

The Food and Non-Alcoholic Beverages CPI is a subcomponent of the broader Consumer Price Index, which measures the overall cost of living. This sector-specific index provides insights into price trends for a core set of household expenditures, offering economic context beyond the headline inflation rate.

Methodology

The data is collected through surveys of retail prices paid by Brazilian consumers.

Historical Context

Policymakers use this CPI component to inform monetary and fiscal policies aimed at managing inflation and supporting consumer demand.

Key Facts

  • Brazil's Food and Non-Alcoholic Beverages CPI accounts for over 25% of the country's overall CPI basket.
  • The index has shown elevated price growth in recent years due to factors like supply chain disruptions and weather-related agricultural impacts.
  • Policymakers closely monitor this CPI component to gauge the impact of inflation on Brazilian households' purchasing power.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Brazil tracks changes in the retail prices paid by consumers for a basket of essential food and drink items.

Q: Why is this trend relevant for users or analysts?

A: This CPI component provides key insights into inflationary pressures on a core set of household expenditures, offering economic context beyond the headline inflation rate.

Q: How is this data collected or calculated?

A: The data is collected through surveys of retail prices paid by Brazilian consumers.

Q: How is this trend used in economic policy?

A: Policymakers use this CPI component to inform monetary and fiscal policies aimed at managing inflation and supporting consumer demand.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 1-2 month lag, providing timely insights but subject to potential revisions.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Brazil (BRACP010000GYM), retrieved from FRED.