Know the differences between the main rates of inflation
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IPCA
National Index of Consumer Prices Wide
Indicator calculated by the Brazilian Institute of Geography and Statistics (IBGE) since 1979. The IPCA shows monthly variation of the average cost of living of households with income between one and 40 minimum wages, living in 11 major metropolitan areas of the country.
The period of collection of prices will, in general, on 1st to 30th of each month. The IBGE also discloses the IPCA-15, with the same form of calculation, but with the collection period of 15 days from the previous month to 15 of the reference month.
The IPCA is the official inflation ", used as reference by the Central Bank to establish the goals of changes in price in the country.
INPC
National Index of Consumer Price
Also calculated by IBGE, the coverage differs from IPCA. The INPC calculates the change in the average cost of living of families with monthly incomes between one and six minimum wages, whose head is employed in their main occupation and residence in urban areas of the 11 metropolitan areas surveyed (Belém, Fortaleza, Recife, Salvador, Belo Horizonte, Rio de Janeiro, São Paulo, Curitiba, Porto Alegre, Brasília and Goiânia).
IGP-DI
General Price Index - Internal Availability
Records changes in prices from agricultural raw materials to industrial and final goods and services (consumption by households) on the day 1 to day 30 of the reference month.
Calculated by the Fundação Getulio Vargas (FGV), the IGP-DI is the index of the debts of the states with the Union It is also part of a basket of indices used to fix tariffs for telephony.
The IGP-DI is composed of three other indicators: wholesale price index (IPA), Consumer Price Index (CPI) and the National Index of Construction Cost (INCC), with weights of 60%, 30% and 10% respectively.
IGP-M
General Price Index - Market
Also calculated by the Getulio Vargas Foundation (FGV), the indicator follows the same methodology as the IGP-DI. The difference is for the period of calculation, the IGP-M is searched between 21 of the previous month and 20 days of the reference month.
The IGP-M is the indicator used for the correction of most contracts, rent, prices of public services (like electricity), cable TV, other prices and monitored financial market contracts.
IPC-S
Consumer Price Index - Weekly
Calculated weekly by FGV, the IPC-S has raised prices in the seven main capital of the country (Belo Horizonte, Brasilia, Porto Alegre, Rio de Janeiro, Salvador and Sao Paulo), for families with income up to 33 minimum wages. In calculating the index, each capital has weight proportional to its population.
CPI up the S-460 products in seven categories: food, housing, vesuário, health, education, transportation and miscellaneous costs. It is calculated based on prices collected in 30 days by the days 7, 15, 23 and 30 of each month, compared to those collected in the same period of the previous month.
IPC-Fipe
Consumer Price Index in São Paulo
One of the earliest indicators of inflation the country is calculated since January 1939. It is the responsibility of the Foundation Institute of Economic Research (Fipe).
The IPC-Fipe shows the weekly changes in the cost of life in São Paulo families with incomes between one and 20 minimum wages. The system of calculation covers a total period of eight weeks from the breakdown of average prices of four weeks the average price of reference of the four weeks preceding (base).
BTI
Index of Retail Prices
Established monthly by the Federation of Trade of São Paulo (Fecomércio). Data are collected from about 2,000 shops in the city of São Paulo, including 21 retailers and 450 sub sectors surveyed. The survey has a monthly sample of approximately 105 thousand taken in prices.
The indicator aims to monitor changes on the prices in retail trade in their various fields of activity. The results allow monitoring of changes in prices over time in different sectors of retail, in addition to the analysis of trends in costs to the consumer in accordance with the specific type of consumption.
Source: G1
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