The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The IPCA (Broad National Consumer Price Index) is Brazil's official measure of consumer inflation, and the seasonally adjusted (SA) month-over-month figure tracks short-term price changes while removing predictable seasonal effects. It measures the price variations of a basket of goods and services consumed by families earning between 1 and 40 minimum wages. This specific index is vital for the Central Bank of Brazil when determining the Selic interest rate. It provides a clearer view of the underlying inflationary trend by smoothing out holiday or harvest-related price spikes.
Calculated by IBGE using a Laspeyres formula, comparing current prices to a base period across 13 major metropolitan areas in Brazil. Seasonal adjustment is applied using statistical models to filter out recurring annual patterns.
No historical data available