Inflation Brasil 2008

Average inflation: 5.7%

Current Inflation

Inflation is very high at 5.7%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 6.4%. The lowest inflation was in January at 4.6%.

Highest month
July: 6.4%
Lowest month
January: 4.6%
Difference
1.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 13.0%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -0.6%.

Highest increase
Food and non-alcoholic beverages: 13.0%
Lowest increase
Furnishings, household equipment and maintenance: -0.6%

Historical Context

Current inflation is around the 5-year average of 5.4%.

5-year average
5.4%
10-year average
7.1%
All-time high (2003)
14.8%
All-time low (2007)
3.6%

Trend

Inflation shows an upward trend. Compared to 2007, inflation has risen by +2.1 percentage point.

Change vs. previous year
+2.1 percentage points
Largest monthly swing
July: +2.7 percentage points

ECB Target

Inflation is 3.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Inflation by category

Food and non-alcoholic beverages
13.0%
+7.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
7.3%
+1.6vs avg.
More details →
Clothing and footwear
5.7%
-0.0vs avg.
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Housing, water, electricity, gas and other fuels
3.3%
-2.4vs avg.
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Furnishings, household equipment and maintenance
-0.6%
-6.3vs avg.
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Health
5.2%
-0.5vs avg.
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Transport
2.5%
-3.2vs avg.
More details →
Communication
1.2%
-4.5vs avg.
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Recreation and culture
1.3%
-4.4vs avg.
More details →
Education
4.5%
-1.2vs avg.
More details →
Restaurants and hotels
10.9%
+5.2vs avg.
More details →
Miscellaneous goods and services
5.5%
-0.2vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2007
January 4.6% +1.6
February 4.6% +1.6
March 4.7% +1.7
April 5.0% +2.0
May 5.6% +2.4
June 6.1% +2.4
July 6.4% +2.7
August 6.2% +2.0
September 6.3% +2.2
October 6.4% +2.3
November 6.4% +2.2
December 5.9% +1.4
Average 5.7%

Data source

Data from OECD. Last updated: 11/01/2026.

See also