IGP-M over 12 months
- Data for: Sep 2026
- Sep 2025: 2.83% (+0.52 pp)
- Source: FGV, via Central Bank of Brazil (SGS series 189)
The IGP-M rose 3.35% over the 12 months to Sep 2026. A year earlier, the 12-month figure was 2.83%.
Series used: monthly IGP-M change (SGS 189). Data updated on .
IGP-M month by month, last 12 months
Monthly change in the IGP-M, in %. Source: FGV, via the Central Bank of Brazil.
Value at the end of each year
| Year | IGP-M, accumulated over 12 months |
|---|---|
| 2026 (through Sep 2026) | 3.35% |
| 2025 | -1.04% |
| 2024 | 6.54% |
| 2023 | -3.18% |
| 2022 | 5.46% |
| 2021 | 17.79% |
| 2020 | 23.14% |
| 2019 | 7.32% |
| 2018 | 7.55% |
| 2017 | -0.53% |
| 2016 | 7.19% |
| 2015 | 10.54% |
Run the numbers
Analysis on this topic
What the IGP-M is
The General Market Price Index (IGP-M) is calculated by Fundação Getulio Vargas (FGV). It combines wholesale, consumer and construction prices, and follows the exchange rate and commodities more closely than the IPCA.
IGP-M and rent
Many rental contracts use the IGP-M for the yearly adjustment, adding up the change over the 12 months before the contract anniversary. Check which index and base month your contract names: what it says is what counts.
Frequently asked questions
What is the latest value of "IGP-M"?
IGP-M, accumulated over 12 months: 3.35%, for Sep 2026. A year earlier (Sep 2025): 2.83%.
Is the IGP-M inflation?
It is a price index, but not the official inflation rate. Official inflation is the IPCA, from IBGE.
Where does the "IGP-M" data come from and when is it updated?
The data come from FGV, via Central Bank of Brazil (SGS series 189). This page shows the figure for Sep 2026 and the base was updated on Oct 26, 2026. The source may revise numbers already published.
Download the data and cite it
Full series in open format: CSV. Unit: % (accumulated over 12 months).
Updated . How to cite: dadobruto.com. IGP-M, accumulated over 12 months. Data: FGV, via Central Bank of Brazil (SGS series 189). Updated Oct 26, 2026. https://dadobruto.com/en/brazil-in-numbers/igpm-inflation-index
License: You may copy and republish the data and charts, including commercially, under the CC BY 4.0 license. The condition is to credit "dadobruto.com" and, when published online, to link to dadobruto.com or to the page the data came from. The original numbers follow the rules of FGV, via Central Bank of Brazil (SGS series 189).
Also searched as: FGV inflation index, rent adjustment index Brazil.