IPCA-15
Inflation preview was 0.62% in May
May 27, 2026 09h00 AM | Last Updated: May 27, 2026 03h28 PM
The inflation preview for May was 0.62%, 0.27 percentage points below the April´s rate (0.89%). The groups of Food and beverages (1.38% and 0.30 p.p.) and Housing (1.03% and 0.15 p.p.) contributed positively to the overall result, while Transportation was the only group with a negative result (-0.33%). In the year, the IPCA-15 accumulated an increase of 3.02% and, in 12 months, of 4.64%, above the rate of 4.37% observed in the immediately previous 12 months. In May 2025, the IPCA-15 had been 0.36%.
Among products and services surveyed by the IBGE to calculate the IPCA-15, the biggest impacts on the overall index came from residential electricity (2.16% and 0.09 p.p.), meat (1.98% and 0.06 p.p), personal hygiene (1.60% and 0.06 p.p) and long-life milk (6.07% and 0.05 p.p.). Among the sub-items with negative impacts this month, gasoline (-1.32% and -0.07 p.p.), ethanol (-2.73% and -0.02 p.p.) and ground coffee (-2.09% and -0.01 p.p.) stood out.
Food at home went from 1.77% in April to 1.73% in May. The declines in apples (-2.32%) and ground coffee (-2.09%) contributed to this result. On the other hand, the highlights were increases in potatoes (26.29%), tomatoes (12.97%), long-life milk (6.07%) and meat (1.98%). Food away from home (0.51%) slowed down in relation to April (0.70%), with changes in meals (0.57%) and snacks (0.37%) which, in April, had increased by 0.65% and 0.87%, respectively.
Prices in the group of Housing rose 1.03%, with emphasis on residential electricity (2.16%), the main individual impact (0.09 p.p) on the IPCA-15 in May, the month in which the yellow tariff flag came into effect, with an additional charge of R$1.885 for every 100 kWh consumed.
In the group of Transportation (-0.33%), fuels slowed from 6.06% in April to
-1.47% in May. Ethanol (-2.73%), diesel fuel (-2.04%) and gasoline
(-1.32%) retreated. Vehicular gas increased by 2.12%. Airfare increased by 3.25%, after falling by 14.32% in April.
In May, the biggest change was in Goiânia (1.41%) and the smallest was in Brasília (0.33%)
Among the 11 areas where prices are collected to calculate the IPCA-15, the biggest increase was recorded in Goiânia (1.41%), due to the increases in ethanol (16.62%) and gasoline (9.67%). The lowest result was in Brasília (0.33%), with the reduction of urban bus
(-3.30%) and gasoline (-2.96%).
More about the survey
To calculate the IPCA-15, prices were collected from April 16 to May 15 (reference) and compared with those in force from March 18 to April 15, 2026 (base). The indicator refers to households with monthly income of 1 to 40 minimum wages and it encompasses the metropolitan areas of Rio de Janeiro, Porto Alegre, Belo Horizonte, Recife, São Paulo, Belém, Fortaleza, Salvador, Curitiba, besides Brasília and the municipality of Goiânia. The methodology is the same as the one used for the IPCA; the difference lies in the period of price collection and in the geographic coverage. See the complete results on Sidra. The next release of the IPCA-15 will be on June 25, 2026.
Learn more about the Extended National Consumer Price Index-15:
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