IPC-S changes by 0.65% in the last week of March
The Weekly Consumer Price Index (IPC-S) for March 31, 2019, increased by 0.65%. The result is 0.04 percentage points (p.p.) above the rate reported in the last disclosure. With this result, the indicator reached a cumulative increase of 1.57% in the year and 4.88% in the last 12 months.
In this calculation, five of the eight component expenditure classes of the index reported an increase in their variation rates. The main contribution came from the Transportation group (0.92% to 1.22%). In this expenditure class, it is worth mentioning the behavior of the item Gasoline, whose rate went from 1.64% to 3.05%.
The following groups also reported increases in their variation rates: Health and Personal Care (0.34% to 0.37%), Clothing (0.44% to 0.50%), Miscellaneous Expenses (-0.07% to -0.04%), and Housing (0.34% to 0.36%).
In these expenditure classes, it is worth mentioning the behavior of the items: hygiene and personal care (0.17% to 0.39%), clothing (0.50% to 0.72%), cigarettes (-0.45% to -0.34%), and residential electricity bill (0.87% to 1.08%).
Conversely, the groups Education, Reading and Recreation (0.13% to 0.02%) and Food (1.14% to 1.10%) showed a decrease in their variation rates. In these expenditure classes, it is worth mentioning the items: trips and tours (-0.50% to -2.39%) and rice and beans (8.77% to 6.36%).
The Communication group repeated the variation rate of 0.19% reported in the last calculation. The main influences came from the following items: monthly subscription fee (0.00% to 0.31%), upwards, and monthly Internet fee (1.21% to 1.06%), downwards.
Calculated based on prices collected between March 1, 2019 and March 31, 2019, compared to those collected between February 1, 2019 and February 28, 2019.