page_title: Hyperinflation in Brazil
section_title: Inflation rate
hierarchical_section_title: Hyperinflation in Brazil / Inflation rate
caption_attribution_description: English: Table of Brazil's monthly inflation rate from January 1986 to June 1990. Data is from FGVData.
context_page_description: Hyperinflation in Brazil occurred between the first three months of 1990. The monthly inflation rates between January and March 1990 were 71.9%, 71.7% and 81.3% respectively. As accepted by the International Monetary Fund, hyperinflation is defined as a period of time in which the average price level of goods and services rise by more than 50% a month.
  Brazil experienced over a decade of very high inflation – often double-digit monthly inflation – preceding the hyperinflationary period. The nation sustained hyperinflation for less than half a year. This economic event was the culmination of a number of structural aspects of the Brazilian economy including, but not exclusive to, limited foreign trade and high external public debt as well as unsuccessful preventative measures.
  The Brazilian government responded to hyperinflation by using multiple periods of price freezes to artificially stop inflation. This was effective in managing hyperinflation for a few months. In July 1990, price controls were lifted and hyperinflation returned.
  The period of hyperinflation was resolved after the implementation of the Plano Real.
context_section_description: Brazil observed consistently high inflation in the three years leading up to January 1990. Sustaining double-digit monthly inflation from January 1987 to April 1990, the short periods of single-digit monthly inflation can be attributed to the implementation of different inflation-management plans implemented. Inflation during July 1987 to September 1987 of 9.3%, 4.5% and 8.0% respectively was the result of the implementation of the Bresser Plan in June 1987. The inflation rates of 4.2% and 5.2% in March and April 1989 was a result of the Summer Plan implemented in January 1989.
caption: Brazil Monthly Inflation Rate 1986-1990.
exif: {}