January-September rate was 4.1%, higher than Japan (2.8%), Saudi Arabia (2.7%) and China (1.9%)
Brazil has the 4th lowest inflation among the members of the G20 in 2022. From January to September, it registered a rate of 4.1%. The percentage is higher than only Japan (2.8%), Saudi Arabia (2.7%) and China (1.9%).
The survey was carried out by Austin Rating. Here’s the intact of the report (55 KB).
Brazil registered deflation – falling prices – for 3 consecutive months, which helped to hold back the rise in the IPCA (Broad Consumer Price Index), which measures the country’s official inflation. In July, the accumulated rate for the year was 5.49%. It dropped to 4.1% after the string of negative results.
The highest rate in the G20 is from Argentina, which reached 66.1% from January to September. The country could end the year with inflation above 100%. In 2nd place appears Turkey, with 52.4%.
Year-to-date inflation in Brazil is lower than in Germany (9%), the European Union (8.5%), the United Kingdom (7.6%), the United States (5.8%) and France. (4.5%).
Of the Eurozone countries, France has the lowest rate. Inflation in the region surpassed 10% for the first time in history in September.
The expectations of market operators for the 2022 IPCA released weekly by the Focus Bulletin of the central bank came with the 16th fall in a row this Monday (17.Oct.2022). It is at 5.62%.
It is likely that by the end of the year the IPCA will be above the target ceiling, which is 5%. On June 6, Focus had an IPCA expectation of 8.89% in 2022.
LATIN AMERICA
Brazil’s 2022 accumulated inflation is the 2nd lowest among the most relevant countries in Latin America. Bolivia has a rate of 1.8% in the period.
Argentina surpassed Venezuela, which has a rate of 60.4% in the 12-month period up to August. The country ruled by Nicolás Maduro has not yet released the September result.
9th LOWEST RATE IN 12 MONTHS
Brazil’s inflation was the 9th lowest in the 12-month period up to September. It reached 7.17% in the period.
In the accumulated of 1 year, the biggest increase among the price indices of the countries is of Turkey (83.5%). Argentina follows soon after, with 82.9%.
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