Inflation Brasil 2021

Average inflation: 8.3%

Current Inflation

Inflation is very high at 8.3%, far above the ECB target.

Peak and Trough

The highest inflation was in October at 10.7%. The lowest inflation was in January at 4.6%.

Highest month
October: 10.7%
Lowest month
January: 4.6%
Difference
6.1 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 3.8% higher than the 5-year average of 4.5%.

5-year average
4.5%
10-year average
5.8%
All-time high (2003)
14.8%
All-time low (2020)
3.2%

Trend

Inflation shows an upward trend. Compared to 2020, inflation has risen by +5.1 percentage point.

Change vs. previous year
+5.1 percentage points
Largest monthly swing
August: +7.3 percentage points

ECB Target

Inflation is 6.3% 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 €108.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Month overview

Month Inflation Difference vs. 2020
January 4.6% +0.4
February 5.2% +1.2
March 6.1% +2.8
April 6.8% +4.4
May 8.1% +6.2
June 8.3% +6.2
July 9.0% +6.7
August 9.7% +7.3
September 10.2% +7.1
October 10.7% +6.8
November 10.7% +6.4
December 10.1% +5.6
Average 8.3%

Data source

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

See also