Inflation for low-income families in Brazil registers 1.52% variation

Six of the eight component expense classes of the Consumer Price Index - Class 1 (IPC-C1) showed an increase in their change rates.
Economics
06 July 2018
Inflation for low-income families in Brazil registers 1.52% variation

The Consumer Price Index - Class 1 (IPC-C1), calculated by the Brazilian Institute of Economics (FGV IBRE) in June, showed a variation of 1.52%, a rate of 0.92 percentage point (pp) above that calculated in May, when the index recorded a change of 0.60%. With this result, the indicator accumulated a high of 3.03% in the year and 3.59% in the last 12 months. In June, the IPC-BR recorded a variation of 1.19%. The indicator rate in the last 12 months was 4.43%, a level above that registered by the CPI-C1.

Six of the eight component expense classes of the index showed an increase in their change rates: Food (0.50% to 2.31%), Housing (1.02% to 2.36%), Education, Reading and Recreation (- 0.37% to 0.51%), Transport (0.64% to 0.73%), Miscellaneous Expenses (0.11% to 0.23%) and Communication (-0.06% to 0.15% ). In these groups, the highlights were: birds and eggs (-1.25% to 10.23%), residential electricity tariff (5.25% to 9.34%), hotel (-4.95% to 2 , 95%), gasoline (2.64% to 4.25%), pet food (0.01% to 0.93%) and internet monthly payment (-0.04% to 0.42%), respectively.

On the other hand, the groups: Health and Personal Care (0.66% to 0.15%) and Clothing (0.35% to 0.27%) showed a decrease in their rates of change. In these classes of expenditure, the following items stand out: hygiene and personal care items (0.75% for -0.54%) and children's shoes (1.48% for -0.07%), respectively.

The next release of the IPC-C1 will take place on 3 August. For more information, access the website.