Inflation Brasil 2022

Average inflation: 9.3%

Current Inflation

Inflation is very high at 9.3%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 12.1%. The lowest inflation was in December at 5.8%.

Highest month
April: 12.1%
Lowest month
December: 5.8%
Difference
6.3 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 3.7% higher than the 5-year average of 5.6%. This approaches the highest level since records began (9.3% in 2022).

5-year average
5.6%
10-year average
5.3%
All-time high (2022)
9.3%
All-time low (2020)
3.2%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +1.0 percentage point.

Change vs. previous year
+1.0 percentage points
Largest monthly swing
January: +5.8 percentage points

ECB Target

Inflation is 7.3% 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 €109.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Month overview

Month Inflation Difference vs. 2021
January 10.4% +5.8
February 10.5% +5.3
March 11.3% +5.2
April 12.1% +5.3
May 11.7% +3.6
June 11.9% +3.6
July 10.1% +1.1
August 8.7% -1.0
September 7.2% -3.0
October 6.5% -4.2
November 5.9% -4.8
December 5.8% -4.3
Average 9.3%

Data source

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

See also