# BCB Inflação MCP MCP

> This MCP gives you access to critical Brazilian inflation data from the Central Bank of Brazil. It tracks key indices like IPCA (the official CPI), INPC (wage-based consumer costs), and IGP-M (rent/contract benchmarks). You can also pull market forecasts using the Focus Survey, giving a complete picture of how prices are moving across different sectors.

## Overview
- **Category:** industry-titans
- **Price:** Free
- **Tags:** inflation-data, consumer-price-index, market-expectations, economic-indicators, financial-forecasting

## Description

Tracking Brazilian inflation used to mean logging into five different government websites, cross-referencing dates, and manually comparing index values. Now, your agent handles it all. This MCP lets you gather every major economic data point—from the official CPI (IPCA) to specialized contract indices like IGP-M—in one go. You get a full picture of price movements for policymakers, analysts, or anyone needing reliable cost benchmarks. When you connect this via Vinkius, your AI client pulls these complex metrics and expectation forecasts into natural conversation, giving you immediate context instead of raw spreadsheets. It's about getting the story behind the numbers instantly.

## Tools

### get_ipca
Gathers data on the National Consumer Price Index Amplo, which is used by the Central Bank as its official CPI target.

### get_ipca15
Provides an advanced inflation reading, often tracked by the market as a quick preview of the official IPCA.

### get_igpm
Provides the General Price Index - Market, widely used as a benchmark indexer for leases and contracts.

### get_inpc
Calculates the National Consumer Price Index, tracking inflation specifically relevant to minimum wage adjustments.

### get_expectativas_inflacao
Retrieves the market's median, average, and range forecasts for future inflation (IPCA, IGP-DI, or IGP-M).

## Prompt Examples

**Prompt:** 
```
What is the current inflation rate in Brazil?
```

**Response:** 
```
📊 **IPCA — Brazil Official Inflation**

March 2026: +0.56%
12-month: 5.12%

IPCA is Brazil's official CPI, targeting families with 1-40 minimum wages. The BCB inflation target for 2026 is 3.0% ± 1.5pp.

Source: BCB/IBGE, SGS series 433
```

**Prompt:** 
```
What does the Focus market summary expect for the next IPCA?
```

**Response:** 
```
The median expectation for IPCA year-end stands at 3.90%, according to the latest consultation among Top-5 survey participants.
```

**Prompt:** 
```
Track the IGP-M accumulated value this month.
```

**Response:** 
```
The rental inflation tracker, IGP-M, retreated slightly by -0.15% pulling the 12-month accumulated down to an adjusted 4.83%.
```

## Capabilities

### Retrieve Official CPI Data
Get the current and historical values for the official consumer price index (IPCA), which tracks costs for a wide range of Brazilian families.

### Track Contract Benchmarks
Pull specific indices like IGP-M, used as standard benchmarks for adjusting rents and commercial contracts.

### Analyze Wage-Based Inflation
Access INPC data to understand inflation specifically relevant to minimum wage adjustments and lower-income households.

### Get Market Forecasts
Fetch the collective market expectations for future inflation from the Central Bank's Focus Survey report.

### Compare Multiple Indices
Simultaneously pull multiple index types (e.g., IPCA, INPC) to compare how different segments of the economy are experiencing cost increases.

## Use Cases

### Assessing Lease Risk
A real estate investor needs to know if their contract adjustment based on IGP-M is appropriate. They ask their agent to compare get_igpm against the general IPCA reading, ensuring they use the right index for legal compliance.

### Policy Impact Modeling
An economic advisor needs to model the effect of minimum wage increases. They request data from get_inpc and compare it directly to the official CPI (get_ipca) to see which cost basket is driving inflation for lower-income families.

### Investment Strategy Planning
A fund manager wants to bet on future rates. They use get_expectativas_inflacao to analyze the median market forecast, helping them position assets before official data drops.

### Quick Trend Spotting
A journalist needs a rapid inflation check. Instead of waiting for month-end reports, they use get_ipca15 to pull an advanced reading that gives them actionable numbers right away.

## Benefits

- Compare different inflation metrics instantly. Instead of guessing which index matters, you can pull both the official IPCA and the wage-focused INPC to get a full picture of cost pressures.
- Forecast market movements with precision. Use get_expectativas_inflacao to see what financial analysts think is coming next, not just what happened last quarter.
- Benchmark contracts correctly. Stop using generic inflation rates for leases; use the dedicated get_igpm tool for accurate rent and contract adjustments.
- Get timely data previews. The get_ipca15 tool acts as a quick-look preview of the official CPI, letting you react faster than waiting for monthly reports.
- Understand index composition. Knowing that IGP-M is built from several sectors (wholesale, consumer, construction) helps you understand *why* the number changed.

## How It Works

The bottom line is you stop manually checking multiple government sites; your agent just gets the numbers for you.

1. Start by telling your agent which economic metric you need—for instance, 'What's the current benchmark for rent adjustments?'
2. The MCP runs the appropriate tool (like get_igpm) against the Central Bank data and fetches the latest index values.
3. You receive a clean summary detailing the historical trend, the current reading, and how that metric compares to other indices.

## Frequently Asked Questions

**What is the difference between using get_ipca and get_inpc?**
The key difference is the consumer group tracked. get_ipca tracks a broad basket of goods for families with incomes up to 40 minimum wages, while get_inpc focuses specifically on inflation for lower-income households (1 to 5 minimum wages).

**Can I use get_igpm to forecast rent increases?**
While it's not a direct forecast tool, using get_igpm provides the historical benchmark index that most contracts rely on. You must combine this with get_expectativas_inflacao for a full prediction.

**Is get_ipca15 the same as get_ipca?**
No, they are different measurements. get_ipca is the official CPI set by the Central Bank, but get_ipca15 provides an advanced reading that market participants use for a quicker look at inflation trends.

**How do I check future expectations using get_expectativas_inflacao?**
You simply prompt your agent to run the get_expectativas_inflacao tool. It pulls the latest Focus Survey data, giving you the median forecast across all major indicators.

**What is the historical data coverage when I use get_ipca?**
The tool provides a deep archive of IPCA data. It retrieves all published series from the BCB/IBGE, letting you track inflation trends back many years.

**Are there rate limits if I run multiple checks with get_igpm?**
Yes, we advise managing your query frequency to prevent throttling. The service supports high-volume use but recommends staying within defined call rates for stability.

**How do I read the risk when calling get_expectativas_inflacao?**
The standard deviation figure indicates market disagreement, not just volatility. A higher number means forecasts vary widely among participants; lower numbers signal consensus.

**What should my agent do if there's an error calling get_inpc?**
Your agent handles typical feed errors gracefully. If the data source fails, it receives a specific error code and null dataset instead of failing entirely.

**What is the difference between IPCA and IGP-M?**
IPCA measures consumer prices (retail) for families with 1-40 minimum wages and is the official inflation target. IGP-M includes wholesale (60% IPA), consumer (30% IPC) and construction (10% INCC) prices, making it more volatile. IGP-M is used to adjust rents and contracts.

**Are Focus expectations updated regularly?**
Yes. Market macroeconomic estimates are extracted fresh and synced weekly, mirroring the Monday morning official issues.

**Why should I use the INPC metric?**
INPC restricts the coverage to households earning 1 to 5 minimum wages. It is predominantly requested by HR analysts when updating labor union contracts or social benefits bounds.