Prices
Brazil 12-month IPCA inflation
12-month IPCA inflationIPCA inflation accumulated over the 12 months ending in each month.How it is calculatedIt compounds the 12 monthly changes multiplicatively rather than simply adding them.IPCA inflation accumulated over the 12 months ending in each month.
Latest point
4.58 % over 12 months
September 2026
At a glance
The latest Brazil 12-month IPCA inflation reading is 4.58%, for September 2026. This series contains 550 observations from December 1980 through September 2026, based on data from Banco Central do Brasil - SGS. This series shows official inflation accumulated over 12 months and helps compare the current pace with the inflation target.
Related official readings
Monthly, year-to-date and 12-month inflation
September 2026
- Monthly rate
- 0.82 %
- Year-to-date inflation
- 3.95 %
- 12-month inflation
- 4.58 %
Calculation method
Cumulative inflation compounds monthly changes instead of adding them. Year-to-date covers January through the reference month; the 12-month rate covers the 12 months ending in that reference. Calculations require every month; rounding can cause small differences from the official index.
| Reference month | Monthly rate | 12-month inflation |
|---|---|---|
| 0.82 % | 4.58 % | |
| -0.32 % | 4.22 % | |
| 0.07 % | 4.44 % | |
| 0.16 % | 4.64 % | |
| 0.58 % | 4.72 % | |
| 0.67 % | 4.39 % | |
| 0.88 % | 4.14 % | |
| 0.7 % | 3.81 % | |
| 0.33 % | 4.44 % | |
| 0.33 % | 4.26 % | |
| 0.18 % | 4.46 % | |
| 0.09 % | 4.68 % |
Annual accumulated history
Completed years compound January through December. Partial years end at the last published observation. A missing month leaves the annual result unavailable.
| Year | Reference month | Annual inflation |
|---|---|---|
| 2026Partial | September 2026 | 3.95 % |
| 2025 | December 2025 | 4.26 % |
| 2024 | December 2024 | 4.83 % |
| 2023 | December 2023 | 4.62 % |
| 2022 | December 2022 | 5.78 % |
| 2021 | December 2021 | 10.06 % |
| 2020 | December 2020 | 4.52 % |
| 2019 | December 2019 | 4.31 % |
| 2018 | December 2018 | 3.75 % |
| 2017 | December 2017 | 2.95 % |
Source and methodology
Banco Central do Brasil - SGS
- Frequency
- Monthly
- Coverage
- December 1980 - September 2026
- Observations
- 550
- Collected on
- 10/11/26, 10:22 AM (UTC-3)
Methodology summary
It compounds the 12 monthly changes multiplicatively rather than simply adding them.
How to interpret
This is the most common annual reading for comparing current inflation with the target.
Series data
Showing 120 most recent records out of 550 points.
September 20264.58 % over 12 monthsPeriod: 2026-09-01
August 20264.22 % over 12 monthsPeriod: 2026-08-01
July 20264.44 % over 12 monthsPeriod: 2026-07-01
June 20264.64 % over 12 monthsPeriod: 2026-06-01
May 20264.72 % over 12 monthsPeriod: 2026-05-01
April 20264.39 % over 12 monthsPeriod: 2026-04-01
March 20264.14 % over 12 monthsPeriod: 2026-03-01
February 20263.81 % over 12 monthsPeriod: 2026-02-01
January 20264.44 % over 12 monthsPeriod: 2026-01-01
December 20254.26 % over 12 monthsPeriod: 2025-12-01
November 20254.46 % over 12 monthsPeriod: 2025-11-01
October 20254.68 % over 12 monthsPeriod: 2025-10-01
September 20255.17 % over 12 monthsPeriod: 2025-09-01
August 20255.13 % over 12 monthsPeriod: 2025-08-01
July 20255.23 % over 12 monthsPeriod: 2025-07-01
June 20255.35 % over 12 monthsPeriod: 2025-06-01
May 20255.32 % over 12 monthsPeriod: 2025-05-01
April 20255.53 % over 12 monthsPeriod: 2025-04-01
March 20255.48 % over 12 monthsPeriod: 2025-03-01
February 20255.06 % over 12 monthsPeriod: 2025-02-01
January 20254.56 % over 12 monthsPeriod: 2025-01-01
December 20244.83 % over 12 monthsPeriod: 2024-12-01
November 20244.87 % over 12 monthsPeriod: 2024-11-01
October 20244.76 % over 12 monthsPeriod: 2024-10-01
September 20244.42 % over 12 monthsPeriod: 2024-09-01
August 20244.24 % over 12 monthsPeriod: 2024-08-01
July 20244.5 % over 12 monthsPeriod: 2024-07-01
June 20244.23 % over 12 monthsPeriod: 2024-06-01
May 20243.93 % over 12 monthsPeriod: 2024-05-01
April 20243.69 % over 12 monthsPeriod: 2024-04-01
March 20243.93 % over 12 monthsPeriod: 2024-03-01
February 20244.5 % over 12 monthsPeriod: 2024-02-01
January 20244.51 % over 12 monthsPeriod: 2024-01-01
December 20234.62 % over 12 monthsPeriod: 2023-12-01
November 20234.68 % over 12 monthsPeriod: 2023-11-01
October 20234.82 % over 12 monthsPeriod: 2023-10-01
September 20235.19 % over 12 monthsPeriod: 2023-09-01
August 20234.61 % over 12 monthsPeriod: 2023-08-01
July 20233.99 % over 12 monthsPeriod: 2023-07-01
June 20233.16 % over 12 monthsPeriod: 2023-06-01
May 20233.94 % over 12 monthsPeriod: 2023-05-01
April 20234.18 % over 12 monthsPeriod: 2023-04-01
March 20234.65 % over 12 monthsPeriod: 2023-03-01
February 20235.6 % over 12 monthsPeriod: 2023-02-01
January 20235.77 % over 12 monthsPeriod: 2023-01-01
December 20225.79 % over 12 monthsPeriod: 2022-12-01
November 20225.9 % over 12 monthsPeriod: 2022-11-01
October 20226.47 % over 12 monthsPeriod: 2022-10-01
September 20227.17 % over 12 monthsPeriod: 2022-09-01
August 20228.73 % over 12 monthsPeriod: 2022-08-01
July 202210.07 % over 12 monthsPeriod: 2022-07-01
June 202211.89 % over 12 monthsPeriod: 2022-06-01
May 202211.73 % over 12 monthsPeriod: 2022-05-01
April 202212.13 % over 12 monthsPeriod: 2022-04-01
March 202211.3 % over 12 monthsPeriod: 2022-03-01
February 202210.54 % over 12 monthsPeriod: 2022-02-01
January 202210.38 % over 12 monthsPeriod: 2022-01-01
December 202110.06 % over 12 monthsPeriod: 2021-12-01
November 202110.74 % over 12 monthsPeriod: 2021-11-01
October 202110.67 % over 12 monthsPeriod: 2021-10-01
September 202110.25 % over 12 monthsPeriod: 2021-09-01
August 20219.68 % over 12 monthsPeriod: 2021-08-01
July 20218.99 % over 12 monthsPeriod: 2021-07-01
June 20218.35 % over 12 monthsPeriod: 2021-06-01
May 20218.06 % over 12 monthsPeriod: 2021-05-01
April 20216.76 % over 12 monthsPeriod: 2021-04-01
March 20216.1 % over 12 monthsPeriod: 2021-03-01
February 20215.2 % over 12 monthsPeriod: 2021-02-01
January 20214.56 % over 12 monthsPeriod: 2021-01-01
December 20204.52 % over 12 monthsPeriod: 2020-12-01
November 20204.31 % over 12 monthsPeriod: 2020-11-01
October 20203.92 % over 12 monthsPeriod: 2020-10-01
September 20203.14 % over 12 monthsPeriod: 2020-09-01
August 20202.44 % over 12 monthsPeriod: 2020-08-01
July 20202.31 % over 12 monthsPeriod: 2020-07-01
June 20202.13 % over 12 monthsPeriod: 2020-06-01
May 20201.88 % over 12 monthsPeriod: 2020-05-01
April 20202.4 % over 12 monthsPeriod: 2020-04-01
March 20203.3 % over 12 monthsPeriod: 2020-03-01
February 20204.01 % over 12 monthsPeriod: 2020-02-01
January 20204.19 % over 12 monthsPeriod: 2020-01-01
December 20194.31 % over 12 monthsPeriod: 2019-12-01
November 20193.27 % over 12 monthsPeriod: 2019-11-01
October 20192.54 % over 12 monthsPeriod: 2019-10-01
September 20192.89 % over 12 monthsPeriod: 2019-09-01
August 20193.43 % over 12 monthsPeriod: 2019-08-01
July 20193.22 % over 12 monthsPeriod: 2019-07-01
June 20193.37 % over 12 monthsPeriod: 2019-06-01
May 20194.66 % over 12 monthsPeriod: 2019-05-01
April 20194.94 % over 12 monthsPeriod: 2019-04-01
March 20194.58 % over 12 monthsPeriod: 2019-03-01
February 20193.89 % over 12 monthsPeriod: 2019-02-01
January 20193.78 % over 12 monthsPeriod: 2019-01-01
December 20183.75 % over 12 monthsPeriod: 2018-12-01
November 20184.05 % over 12 monthsPeriod: 2018-11-01
October 20184.56 % over 12 monthsPeriod: 2018-10-01
September 20184.53 % over 12 monthsPeriod: 2018-09-01
August 20184.19 % over 12 monthsPeriod: 2018-08-01
July 20184.48 % over 12 monthsPeriod: 2018-07-01
June 20184.39 % over 12 monthsPeriod: 2018-06-01
May 20182.86 % over 12 monthsPeriod: 2018-05-01
April 20182.76 % over 12 monthsPeriod: 2018-04-01
March 20182.68 % over 12 monthsPeriod: 2018-03-01
February 20182.84 % over 12 monthsPeriod: 2018-02-01
January 20182.86 % over 12 monthsPeriod: 2018-01-01
December 20172.95 % over 12 monthsPeriod: 2017-12-01
November 20172.8 % over 12 monthsPeriod: 2017-11-01
October 20172.7 % over 12 monthsPeriod: 2017-10-01
September 20172.54 % over 12 monthsPeriod: 2017-09-01
August 20172.46 % over 12 monthsPeriod: 2017-08-01
July 20172.71 % over 12 monthsPeriod: 2017-07-01
June 20173 % over 12 monthsPeriod: 2017-06-01
May 20173.6 % over 12 monthsPeriod: 2017-05-01
April 20174.08 % over 12 monthsPeriod: 2017-04-01
March 20174.57 % over 12 monthsPeriod: 2017-03-01
February 20174.76 % over 12 monthsPeriod: 2017-02-01
January 20175.35 % over 12 monthsPeriod: 2017-01-01
December 20166.29 % over 12 monthsPeriod: 2016-12-01
November 20166.99 % over 12 monthsPeriod: 2016-11-01
October 20167.87 % over 12 monthsPeriod: 2016-10-01
| Date | Period | Value |
|---|---|---|
| September 2026 | 2026-09-01 | 4.58 % over 12 months |
| August 2026 | 2026-08-01 | 4.22 % over 12 months |
| July 2026 | 2026-07-01 | 4.44 % over 12 months |
| June 2026 | 2026-06-01 | 4.64 % over 12 months |
| May 2026 | 2026-05-01 | 4.72 % over 12 months |
| April 2026 | 2026-04-01 | 4.39 % over 12 months |
| March 2026 | 2026-03-01 | 4.14 % over 12 months |
| February 2026 | 2026-02-01 | 3.81 % over 12 months |
| January 2026 | 2026-01-01 | 4.44 % over 12 months |
| December 2025 | 2025-12-01 | 4.26 % over 12 months |
| November 2025 | 2025-11-01 | 4.46 % over 12 months |
| October 2025 | 2025-10-01 | 4.68 % over 12 months |
| September 2025 | 2025-09-01 | 5.17 % over 12 months |
| August 2025 | 2025-08-01 | 5.13 % over 12 months |
| July 2025 | 2025-07-01 | 5.23 % over 12 months |
| June 2025 | 2025-06-01 | 5.35 % over 12 months |
| May 2025 | 2025-05-01 | 5.32 % over 12 months |
| April 2025 | 2025-04-01 | 5.53 % over 12 months |
| March 2025 | 2025-03-01 | 5.48 % over 12 months |
| February 2025 | 2025-02-01 | 5.06 % over 12 months |
| January 2025 | 2025-01-01 | 4.56 % over 12 months |
| December 2024 | 2024-12-01 | 4.83 % over 12 months |
| November 2024 | 2024-11-01 | 4.87 % over 12 months |
| October 2024 | 2024-10-01 | 4.76 % over 12 months |
| September 2024 | 2024-09-01 | 4.42 % over 12 months |
| August 2024 | 2024-08-01 | 4.24 % over 12 months |
| July 2024 | 2024-07-01 | 4.5 % over 12 months |
| June 2024 | 2024-06-01 | 4.23 % over 12 months |
| May 2024 | 2024-05-01 | 3.93 % over 12 months |
| April 2024 | 2024-04-01 | 3.69 % over 12 months |
| March 2024 | 2024-03-01 | 3.93 % over 12 months |
| February 2024 | 2024-02-01 | 4.5 % over 12 months |
| January 2024 | 2024-01-01 | 4.51 % over 12 months |
| December 2023 | 2023-12-01 | 4.62 % over 12 months |
| November 2023 | 2023-11-01 | 4.68 % over 12 months |
| October 2023 | 2023-10-01 | 4.82 % over 12 months |
| September 2023 | 2023-09-01 | 5.19 % over 12 months |
| August 2023 | 2023-08-01 | 4.61 % over 12 months |
| July 2023 | 2023-07-01 | 3.99 % over 12 months |
| June 2023 | 2023-06-01 | 3.16 % over 12 months |
| May 2023 | 2023-05-01 | 3.94 % over 12 months |
| April 2023 | 2023-04-01 | 4.18 % over 12 months |
| March 2023 | 2023-03-01 | 4.65 % over 12 months |
| February 2023 | 2023-02-01 | 5.6 % over 12 months |
| January 2023 | 2023-01-01 | 5.77 % over 12 months |
| December 2022 | 2022-12-01 | 5.79 % over 12 months |
| November 2022 | 2022-11-01 | 5.9 % over 12 months |
| October 2022 | 2022-10-01 | 6.47 % over 12 months |
| September 2022 | 2022-09-01 | 7.17 % over 12 months |
| August 2022 | 2022-08-01 | 8.73 % over 12 months |
| July 2022 | 2022-07-01 | 10.07 % over 12 months |
| June 2022 | 2022-06-01 | 11.89 % over 12 months |
| May 2022 | 2022-05-01 | 11.73 % over 12 months |
| April 2022 | 2022-04-01 | 12.13 % over 12 months |
| March 2022 | 2022-03-01 | 11.3 % over 12 months |
| February 2022 | 2022-02-01 | 10.54 % over 12 months |
| January 2022 | 2022-01-01 | 10.38 % over 12 months |
| December 2021 | 2021-12-01 | 10.06 % over 12 months |
| November 2021 | 2021-11-01 | 10.74 % over 12 months |
| October 2021 | 2021-10-01 | 10.67 % over 12 months |
| September 2021 | 2021-09-01 | 10.25 % over 12 months |
| August 2021 | 2021-08-01 | 9.68 % over 12 months |
| July 2021 | 2021-07-01 | 8.99 % over 12 months |
| June 2021 | 2021-06-01 | 8.35 % over 12 months |
| May 2021 | 2021-05-01 | 8.06 % over 12 months |
| April 2021 | 2021-04-01 | 6.76 % over 12 months |
| March 2021 | 2021-03-01 | 6.1 % over 12 months |
| February 2021 | 2021-02-01 | 5.2 % over 12 months |
| January 2021 | 2021-01-01 | 4.56 % over 12 months |
| December 2020 | 2020-12-01 | 4.52 % over 12 months |
| November 2020 | 2020-11-01 | 4.31 % over 12 months |
| October 2020 | 2020-10-01 | 3.92 % over 12 months |
| September 2020 | 2020-09-01 | 3.14 % over 12 months |
| August 2020 | 2020-08-01 | 2.44 % over 12 months |
| July 2020 | 2020-07-01 | 2.31 % over 12 months |
| June 2020 | 2020-06-01 | 2.13 % over 12 months |
| May 2020 | 2020-05-01 | 1.88 % over 12 months |
| April 2020 | 2020-04-01 | 2.4 % over 12 months |
| March 2020 | 2020-03-01 | 3.3 % over 12 months |
| February 2020 | 2020-02-01 | 4.01 % over 12 months |
| January 2020 | 2020-01-01 | 4.19 % over 12 months |
| December 2019 | 2019-12-01 | 4.31 % over 12 months |
| November 2019 | 2019-11-01 | 3.27 % over 12 months |
| October 2019 | 2019-10-01 | 2.54 % over 12 months |
| September 2019 | 2019-09-01 | 2.89 % over 12 months |
| August 2019 | 2019-08-01 | 3.43 % over 12 months |
| July 2019 | 2019-07-01 | 3.22 % over 12 months |
| June 2019 | 2019-06-01 | 3.37 % over 12 months |
| May 2019 | 2019-05-01 | 4.66 % over 12 months |
| April 2019 | 2019-04-01 | 4.94 % over 12 months |
| March 2019 | 2019-03-01 | 4.58 % over 12 months |
| February 2019 | 2019-02-01 | 3.89 % over 12 months |
| January 2019 | 2019-01-01 | 3.78 % over 12 months |
| December 2018 | 2018-12-01 | 3.75 % over 12 months |
| November 2018 | 2018-11-01 | 4.05 % over 12 months |
| October 2018 | 2018-10-01 | 4.56 % over 12 months |
| September 2018 | 2018-09-01 | 4.53 % over 12 months |
| August 2018 | 2018-08-01 | 4.19 % over 12 months |
| July 2018 | 2018-07-01 | 4.48 % over 12 months |
| June 2018 | 2018-06-01 | 4.39 % over 12 months |
| May 2018 | 2018-05-01 | 2.86 % over 12 months |
| April 2018 | 2018-04-01 | 2.76 % over 12 months |
| March 2018 | 2018-03-01 | 2.68 % over 12 months |
| February 2018 | 2018-02-01 | 2.84 % over 12 months |
| January 2018 | 2018-01-01 | 2.86 % over 12 months |
| December 2017 | 2017-12-01 | 2.95 % over 12 months |
| November 2017 | 2017-11-01 | 2.8 % over 12 months |
| October 2017 | 2017-10-01 | 2.7 % over 12 months |
| September 2017 | 2017-09-01 | 2.54 % over 12 months |
| August 2017 | 2017-08-01 | 2.46 % over 12 months |
| July 2017 | 2017-07-01 | 2.71 % over 12 months |
| June 2017 | 2017-06-01 | 3 % over 12 months |
| May 2017 | 2017-05-01 | 3.6 % over 12 months |
| April 2017 | 2017-04-01 | 4.08 % over 12 months |
| March 2017 | 2017-03-01 | 4.57 % over 12 months |
| February 2017 | 2017-02-01 | 4.76 % over 12 months |
| January 2017 | 2017-01-01 | 5.35 % over 12 months |
| December 2016 | 2016-12-01 | 6.29 % over 12 months |
| November 2016 | 2016-11-01 | 6.99 % over 12 months |
| October 2016 | 2016-10-01 | 7.87 % over 12 months |