Inflation Brasil 2026

Average inflation: 4.1%

Current Inflation

Inflation is high at 4.1%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 4.4%. The lowest inflation was in February at 3.8%.

Highest month
January: 4.4%
Lowest month
February: 3.8%
Difference
0.6 percentage points
Months with data
2 of 12

Historical Context

Current inflation is 1.4% lower than the 5-year average of 5.5%.

5-year average
5.5%
10-year average
5%
All-time high (2022)
9.3%
All-time low (2020)
3.2%

Trend

Inflation has remained relatively stable. Compared to 2025, the difference is minimal (-0.9 percentage point).

Change vs. previous year
-0.9 percentage points
Largest monthly swing
February: -1.3 percentage points

ECB Target

Inflation is 2.1% 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 €104.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2026

Month overview

Month Inflation Difference vs. 2025
January 4.4% -0.2
February 3.8% -1.3
Average 4.1%

Data source

Data from OECD. Last updated: 21/03/2026.Not all months available yet.

See also