Monthly inflation · Brazil
Brazil IGP-10 Inflation MoM
The Brazil IGP-10 Inflation MoM is the change in consumer prices in Brazil from the previous month (or quarter).
- Importance
- Low
- Released
- Monthly
- Next release
- Currency
- BRL · Brazilian real
- Central bank
- The Banco Central do Brasil
Latest figures
The latest release for OCT, published on 19 October 2026, came in at 1.76%, above the consensus of 1.44%, up from 1.47% the time before.
A higher figure than expected makes the Banco Central do Brasil more likely to keep rates high or raise them: it tends to support the Brazilian real and push bond yields up, and is often a weight on stocks.
Over the last 6 releases it ranged from -1.10% to 1.76%, averaging 0.37%; it has been rising for three releases in a row.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 19 Oct 2026 | OCT | 1.76% | 1.44% | 1.47% |
| 16 Sep 2026 | SEP | 1.47% | 1.25% | -0.51% |
| 17 Aug 2026 | AUG | -0.51% | 0.1% | -1.13% ® |
| 17 Jul 2026 | JUL | -1.1% | -0.99% | -0.30% |
| 16 Jun 2026 | JUN | -0.30% | 0.34% | 0.89% |
| 18 May 2026 | MAY | 0.89% | – | 2.94% |
Why it matters
The monthly change is the freshest reading of price pressure: the yearly rate is the sum of the last twelve monthly changes, so today's monthly figure tells you where the yearly rate is heading.
How it is calculated
IBGE prices a fixed basket of goods and services across the country and compares the index with the previous period. Seasonal patterns (sales, holidays) make raw monthly figures jumpy; some countries also publish seasonally adjusted numbers.
Monthly inflation = index(this month) ÷ index(last month) − 1
Annualised ≈ (1 + monthly)¹² − 1What changes mean
- Compare with the same month in earlier years: January and September often have seasonal jumps.
- 0.2% a month is about the 2% a year most central banks aim for.
Higher than expected: A higher figure than expected makes the Banco Central do Brasil more likely to keep rates high or raise them: it tends to support the Brazilian real and push bond yields up, and is often a weight on stocks.
Lower than expected: A lower figure than expected gives the Banco Central do Brasil room to cut or hold rates lower: the Brazilian real tends to soften and bond yields to fall.
A short history
Monthly price indexes date from the early 20th century; many countries began publishing them during or after the First World War to adjust wages to the cost of living.
Questions
What is the Brazil IGP-10 Inflation MoM?
The Brazil IGP-10 Inflation MoM is the change in consumer prices in Brazil from the previous month (or quarter).
What was the latest Brazil IGP-10 Inflation MoM?
1.76% for OCT, published on 19 October 2026 (consensus 1.44%, previous 1.47%).
When is the next Brazil IGP-10 Inflation MoM?
On Monday 16 November 2026 at 11:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.