Consumer Price Index: All Items: Total for Brazil
BRACPALTT01IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,683.96
Year-over-Year Change
24.59%
Date Range
1/1/1980 - 7/1/2023
Summary
The Consumer Price Index (CPI) for All Items: Total in Brazil measures the changes in the average cost of a basket of consumer goods and services. It is a key indicator of inflation and an important metric for policymakers and economists.
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 All Items: Total for Brazil is a comprehensive measure of the overall price level for consumer goods and services in the country. It tracks price changes across a wide range of items that represent typical household expenditures, providing insights into the broader inflationary trends.
Methodology
The data is collected through surveys of consumer purchases and prices by Brazil's national statistics agency.
Historical Context
The CPI is used by the Central Bank of Brazil and other policymakers to monitor and manage inflation, guiding monetary policy decisions.
Key Facts
- The CPI All Items: Total for Brazil has a base year of 2010.
- Brazil's CPI reached a high of 11.4% in 2016 before declining in recent years.
- Fluctuations in the CPI can impact interest rates, wages, and consumer spending in Brazil.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for All Items: Total in Brazil measures the changes in the average cost of a basket of consumer goods and services, providing a comprehensive gauge of inflation in the country.
Q: Why is this trend relevant for users or analysts?
A: The CPI All Items: Total for Brazil is a crucial indicator used by policymakers, economists, and investors to monitor and manage inflationary pressures, guide monetary policy decisions, and assess the overall state of the Brazilian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and prices by Brazil's national statistics agency.
Q: How is this trend used in economic policy?
A: The CPI All Items: Total for Brazil is used by the Central Bank of Brazil and other policymakers to monitor and manage inflation, informing decisions on interest rates and other monetary policy tools.
Q: Are there update delays or limitations?
A: The CPI data for Brazil is typically published on a monthly basis, with occasional revisions. While the series provides a comprehensive measure of inflation, it may not capture all regional or demographic variations in price changes.
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Citation
U.S. Federal Reserve, Consumer Price Index: All Items: Total for Brazil (BRACPALTT01IXNBQ), retrieved from FRED.