Inflation for families earning up to 2.5 minimum salaries rises and remains above IPC-BR

As a result, the indicator has gone up 3.64% so far this year and 3.98% in the last 12 months.
Economics
09 December 2019
Inflation for families earning up to 2.5 minimum salaries rises and remains above IPC-BR

The Consumer Price Index – Low Income (IPC-C1) rose 0.56% in November 2019, up 0.68 of a percentage point from October, when it fell 0.12%. As a result, the indicator has gone up 3.64% so far this year and 3.98% in the last 12 months. In November, IPC-BR increased 0.49%. In the last 12 months, it has risen 3.61% – less than IPC-C1.

In November, seven of the indicator’s eight component spending classes saw increases: Housing (-0.47% to 0.70%), Food (-0.18% to 0.60%), Miscellaneous Expenses (0.45% to 2.48%), Education, Reading and Recreation (0.09% to 0.59%), Clothing (0.07% to 0.32%), Communication (-0.03% to 0.14%) and Transportation (0.14% to 0.19%). Within these spending categories, the following items saw notable changes: Residential Electricity Charges (-3.26% to 2.85%), Beef (1.05% to 7.56%), Lottery Tickets (0.00% to 26.16%), Airline Tickets (-4.14% to 15.08%), Footwear (-0.24% to 0.45%), Fixed Telephony and Internet Packages (0.00% to 0.75%) and Gasoline (0.86% to 1.11%).

On the other hand, the Health and Personal Care group experienced a slowdown in prices (0.20% to 0.11%). Within this spending category, there was a noteworthy result for the Pharmaceutic Products item (0.73% to 0.35%).

The complete study is available here.