The IPCA-15, which is a preview of official inflation, recorded a drop of 0,73% in August this year, compared to the previous month – this is what we call deflation. This is biggest deflation in the historical series of the indicator, which began to be measured in 1991, according to the Brazilian Institute of Geography and Statistics (IBGE).
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But be careful: the drop in prices is concentrated in some items that weigh on family budgets, such as fuel and electricity. Therefore, inflation continues to haunt the country and worry economists. (Estadão)
4 of the 11 Brazilian capitals had inflation rates higher than 10% In August. (Folha de S.Paulo).
Monthly and annual inflation rate
In July this year, the IPCA-15 had recorded inflation rates (price increases) of 0,13%. And a year ago, in August 2021, 0,89%. With this month's result, the IPCA-15 accumulates inflation rates of 5,02% in the year and 9,60% in 12 months.
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Fuels pull down
The price drop observed in the August preview was mainly driven by transport, which recorded deflation of 5,24%. The housing sector also had a significant drop in proportion. (UOL)The behavior of this group of expenses was influenced by the decline in fuel prices (-15,33%). Among fuels, drops in
- 16,80% on gasoline
- 10,78% in ethanol
- 5,40% on vehicle gas
- of 0,56% in diesel oil.
Sectors such as:
- housing (-0,37%), with emphasis on residential electricity (-3,29%)
- communication (-0,30%).
Trending foods
On the other hand, products food and beverages showed the biggest increase in IPCA-15 prices in the period (1,12%), a rate similar to that of July (1,16%). Eating away from home rose 0,8% in August, and 1,24% at home in the same period.
The upward curve was driven mainly by increases in the prices of products such as:
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- long-life milk (14,21%)
- fruits (2,99%)
- cheese (4,18%)
- chicken pieces (3,08%).
The groups of health and personal care expenses (0,81%), personal expenses (0,81%), clothing (0,76%), education (0,61%) and household items (0,08) also experienced inflation. %).
With Brazil Agency
Top photo: Pxhere
