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Minor product offering because of the weather contributed to high food prices in January

02/07/2013

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 

 


Flávia Villela
Brazil Agency Reporter



Rio de Janeiro - The scarcity of food due to weather contributed to the increase in inflation of food and drink in January. The National Index of Consumer Price Index (IPCA) in this group increased from 1.03% in December to 1.99% in January, according to figures released today (7) by the Brazilian Institute of Geography and Statistics (IBGE)

Among the highlights are the tomatoes (26.15%), the potatoes (20.58%), onion (14.25%), vegetables (10.86%) and carrot (9.83%).

The main impact on the IPCA month, however, came from personal expenses, whose rate was 1.55%, compared to 1.6%. The item cigarettes, which had increased Tax on Industrialized Products (IPI) rose 10.11%, exerted a major individual impact, and was responsible for 0.09 percentage points of the index.

Among the cities surveyed, Bethlehem (1.06%) that was recorded higher inflation due to the high price of food (2.93%). The lowest result was the IPCA Brasília (0.46%), due to a drop of 1.42% in the air passages and items such as interstate buses (-3.06%).

Spending on housing fell by 0.20%, after rising 0.63% in December, influenced, according to the study, the reduction in electricity bills. Already the new car was 1.41% more expensive, the third item of greatest impact individual month (0.05 percentage point).

The health and personal care group recorded inflation of 0.73% in January, compared to 0.40% in December. In the case of household items, the rate reached 1.15% and outperformed the December (0.27%).

In education, the rate increased from 0.19% in December to 0.35% in January. Since the indices of the groups clothing (from 1.11% to -0.53%), communication (from 0.03% to -0.08%) and housing (from 0.63% to -0.20%) fell in January, which meant that the rate of non-food products to rise less, from 0.71% in December to 0.50% in January.

The IPCA is calculated by IBGE since 1980.
The index refers to families with monetary income of a minimum wage to 40 and covers nine metropolitan areas, and Goiânia and Brasília.

Edition: Juliana Andrade

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Source: Agency Brazil

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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