Friday , November 27 2020

IPCA increased by 0.45% in October and has the highest rating since 2015



RIO – (Updated 10:01) The Brazilian Institute of Geography and Statistics (IBGE), according to data released on Wednesday, the National Consumer Price Index (IPCA) rose 0.48 percent in October from 0.48 percent. Despite the slowdown, Starting from 2015, it is the largest food and transplant.

The result was lower than average by 35 financial and consulting agencies forecasts Date value, Increased by 0.56%. However, this was within the range of forecasts, from 0.42% to 0.61%.

>> Learn more: Analyzes: In October IPCA softens inflation

In 12 months IPCA increased 4.56%, slightly higher than 4.53% in September. Expert Advisor Value an average of 4.66%.

Thus, the October inflation figures have been accumulating IPCA for 12 months, which is close to 4.5% of inflation this year – a margin of 1.5% if the goal is greater or less.

Official inflation for the year was 3.81%.

>> Learn more: INPC will reach 0.40% in October, IBGE says

Transport and Nutrition

Despite the inflation in October, the transport group was at this stage the most significant decline in IPCA's behavior. The increase in the Group has increased from 1.69% in September to 0.92% per month, indicating a decline in fuel prices.

Other residential groups with high rates of decline in housing (from 0.37% in September to 0.14% in October), and personal expenses (from 0.38% to 0.25%). and education (from 0.24% to 0.04%). Health and personal care rose from 0.28% to 0.27% in one month.

On the other hand, food products became more pronounced when they accelerated to 0.59% in the month following 0.10% in September. Articles and residence addresses increased from 0.11% to 0.76%.

In October, apparel has dropped by 0.32%, in October – 0.33%.

IPCA is based on a consumer basket for households with income ranging from one to a minimum wage in the country's ten metropolitan areas, except for Goiania, Campo Grande, Rio Branco, Sao Luís, Aracaju and Brazilian municipalities.


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