Clipping of news on Brazilian Culture, Law and Citizenship
02/07/2014
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Official inflation , measured by the National Consumer Price Index (IPCA ) , stood at 0.55 % in January this year , lower rate to December 2013 which reached 0.92 % . The index was also lower than January last year , which reached 0.86 % .
The data was released today ( 7 ) by the Brazilian Institute of Geography and Statistics ( IBGE ) . In 12 months , the accumulated inflation rate of 5.59 %, which is within the target range of the federal government , ranging from 2.5 % to 6.5 % .
The fall in January was mainly caused by deflation ( falling prices ) group transport costs ( -0.03 % ) . In December , the group had had inflation of 1.85 % . Among the items that contributed to the fall in prices of transport are air passages , with deflation of 15.88% in January , after a high of 20.13 % in December 2013 . The group also had clothing costs falling prices ( -0.15 % ) .
Food also had a contribution to the reduction of IPCA in January , has had an inflation of 0.84 % in January , lower than in December ( 0.89 % ) . Some foods have even lower prices in January , as the tomato ( -10.43 % ) , the kidney beans ( -6.1 % ) , the long-life milk ( -5.61 % ) and black beans ( -1.08 %).
This month , for the calculation of IPCA were included two new locations : the metropolitan region of Vitória ( ES ) and the city of Campo Grande ( MS ) . They join the other 13 locations , variations in prices were already monitored by the IBGE .
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The IPCA , measured monthly by IBGE ( Brazilian Institute of Geography and Statistics ) , provides price variation in trade to the final public. The indicator reflects the cost of living for families with monthly income of a minimum of 40 residing in the metropolitan areas of São Paulo , Rio de Janeiro , Belo Horizonte , Porto Alegre , Curitiba , Salvador , Recife , Fortaleza and Belem wages , plus the District Federal and Goiânia .
It is used by the Central Bank as the official gauge of inflation in the country . The government uses the IPCA as a reference to verify that the target for inflation is being fulfilled .
The collection period will IPCA day 1 to day 30 or 31 depending on the month. The search is performed in shops , service providers , households ( to verify rents ) and utilities . The prices obtained are effectively charged to consumers for cash payment.
Household items , communication , personal expenses , education , housing, health and personal care , transportation and apparel Food & Beverage: Nine groups of products and services are considered . They are subdivided into other items . Altogether, considering the changes in prices of 465 sub-items .
Source : Brazil Agency
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This article was translated by an automatic translation system, and was therefore not reviewed by people.