The Consumer Price Index – Weekly (IPC-S) rose 0.71% in the first four weeks of November, after rising 0.69% at the close of October. The information was released this Tuesday (8) by the Getulio Vargas Foundation (FGV). The indicator accumulates a high of 4.66% in 12 months, lower than the advance of 5.05% recorded in the last reading in October.
Four of the eight categories of expenses that make up the indicator registered an increase in inflation in the first reading of the month. The highlight of the first four weeks of November was the Transport group (-0.19% to 0.21%), influenced by gasoline (-1.44% to -0.30%).
Health and Personal Care (0.85% to 0.99%), Clothing (0.73% to 0.86%) and Food (0.74% to 0.83%) also registered an increase in their rates of change. In these classes, the items with the highest weight were hygiene and personal care items (1.62% to 1.98%), women’s clothing (0.99% to 1.17%) and vegetables (8.56% to 9.74%), respectively.
On the other hand, the groups Education, Reading and Recreation (3.07% to 2.43%), Housing (0.58% to 0.41%), Communication (-0.73% to -0.82%) and Miscellaneous Expenses (0.19% to 0.16%) showed a decrease in their rates of change, with the influence of airfare (14.06% to 9.91%), residential condominiums (1.96% to 0.97 %), mobile phone tariff (-0.06% to -0.38%) and cell phone repair (0.83% to 0.27%), respectively.
individual influences
Airfare (14.06% to 9.91%), residential water and sewage rate (3.35% to 2.65%) and health plan and insurance (1.15% to 1.14%) were the items that exerted the most upward pressure on the IPC-S in the first four weeks of November. English potato (24.29% to 18.18%) and tomato (11.40% to 15.69%) complete the list.
In the opposite direction, the main influences were from long-life milk (-5.88% to -4.85%), telephony, internet and pay TV combo (-1.86% to -1.71%) and gasoline (-1.44% to -0.30%), followed by bottled gas (-0.68% to -0.96%) and residential electricity tariff (-0.66% to -0.24% ).
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
