Inflation Brasil 2020

Average inflation: 3.2%

Current Inflation

Inflation is high at 3.2%, well above the ECB target.

Peak and Trough

The highest inflation was in December at 4.5%. The lowest inflation was in May at 1.9%.

Highest month
December: 4.5%
Lowest month
May: 1.9%
Difference
2.6 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.4% lower than the 5-year average of 4.6%. This approaches the lowest level since records began (3.2% in 2020).

5-year average
4.6%
10-year average
5.6%
All-time high (2003)
14.8%
All-time low (2020)
3.2%

Trend

Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-0.5 percentage point).

Change vs. previous year
-0.5 percentage points
Largest monthly swing
May: -2.8 percentage points

ECB Target

Inflation is 1.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Month overview

Month Inflation Difference vs. 2019
January 4.2% +0.4
February 4.0% +0.1
March 3.3% -1.3
April 2.4% -2.5
May 1.9% -2.8
June 2.1% -1.3
July 2.3% -0.9
August 2.4% -1.0
September 3.1% +0.2
October 3.9% +1.4
November 4.3% +1.0
December 4.5% +0.2
Average 3.2%

Data source

Data from OECD. Last updated: 20/12/2025.

See also