IPC-C1: inflation for low-income families rises in June 2020
The Consumer Price Index – Low Income (IPC-C1) increased 0.33% in June, up 0.63 percentage points from May, when it fell 0.30%. As a result, the indicator has risen 1.15% so far in 2020 and 2.66% in the last 12 months. In June, IPC-BR went up 0.36%. The indicator’s rate in the last 12 months is 2.22%, lower than IPC-C1, as shown in the table below.
In June, five of the index’s eight component spending classes saw increases in their rates of variation: Transport (-1.97% to 1.03%), Education, Literature and Recreation (-1.97% to -0.37%), Housing (-0.25% to 0.07%), Communication (0.03% to 0.72%) and Clothing (-0.17% to -0.10%). In these spending classes, there were notable results for the following items: Gasoline (-7.38% to 3.77%), Airline Tickets (-15.03% to 2.26%), Cooking Gas (-1.10% to 0.14%), Phone, Internet and Pay TV Packages (0.00% to 2.12%) and Footwear (-0.82% to -0.24%).
On the other hand, the following groups recorded declines in their rates of variation: Food (0.67% to 0.53%), Health and Personal Care (0.19% to 0.11%) and Miscellaneous Expenses (0.14% to 0.10%). In these spending classes, there were noteworthy results for the following items: Vegetables (7.25% to -3.07%), Hygiene and Personal Care Products (0.23% to -0.64%) and Cigarettes (0.00% to -0.48%).
The complete study is available here.