Brazil inflation rate for 2023 was 4.59%, a 4.69% decline from 2022.
Brazil inflation rate for 2022 was 9.28%, a 0.98% increase from 2021.
Brazil inflation rate for 2021 was 8.30%, a 5.09% increase from 2020.
Brazil inflation rate for 2020 was 3.21%, a 0.52% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.