Clipping of news on Brazilian Culture, Law and Citizenship
12/03/2014
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Children in bilingual school in Rio : spending Brazilians to keep a child in private school can only be discounted by up to R$ 3,230.46 this year Photo: Gustavo Stephan / The Globe
RIO - Brazilian inflation measured by Consumer Price Index (IPCA ) accelerated to 0.69 % in February , after a high of 0.55 % in January , according to data released Wednesday by the IBGE . The cumulative twelve-month inflation accelerated to 5.59 % in January to 5.68 % in February . In the first two months of the year , the index has a high of 1.24 % .
The indicator is considered the official inflation rate , since it is used as a parameter to the inflation target of the government. Analysts polled by Reuters had expected high of 0.65 % last month , according to the median of 35 projections that ranged from 0.58 % to 0.72 % . Have the forecasts of economists compiled by GLOBE predicted high of 0.63 % to 0.68 % .
Education accounts for 0.27 percentage points of the index
The education group increased from 0.57 % in January to 5.97 % in February and was responsible for 0.27 percentage point of the high inflation of 0.69 % in February . The number reflects the increase in tuition of colleges. The biggest impact came from regular courses , which rose 7.64 % , and alone have weight 0.22 percentage point .
The Articles group residence also accelerated from 0.49 % in January to 1.07 % in February , up on items like furniture ( 1.20 % ) , bed and bath ( 1.22 % ) , appliances ( 1 , 78 % ) and repair of household equipment ( 1.37 % ) .
The food inflation , in turn , slowed to 0.56 % in February , compared to 0.84 % in January. The movement was influenced by the reduction in the rate of rise of food purchased for consumption at home, which decreased from 0.90 % in January to 0.22 % in February .
- The main group to push inflation in February was education , but the retreat of food also influenced the rate of 0.69 % - said Eulina Nunes , coordinator of indices of IBGE .
High dollar pushes French bread
The highest dollar has affected the prices of bread and noodles , according Eulina Nunes , but there is also some influence from breaking wheat crop in some countries . The price of French bread rose 0.99% in February, compared to 1.01 % in January, and the macaroni was up 0.86 % in February , 0.44% in January.
The dollar also affected the most prized high prices of home appliances , which accelerated from 1.26 % in January to 1.78 % in February .
Despite the slowdown in food inflation , there were items that were more expensive , especially those with crops damaged by drought or heavy rain , according to IBGE. The , who had registered deflation of 10.43 % in January , tomato rose 10.70% in February . Vegetables and greens accelerated the rise in prices of 6.01 % in January to 11.42 % in February . It was also more expensive food away from home : 1.21 % in February , down from 0.73 % in January.
Flights pull inflation down
The IPCA accelerated in four of the 13 regions surveyed by the IBGE : Rio de Janeiro , Sao Paulo , Belo Horizonte and Campo Grande . In Rio , inflation was 0.50 % in January to 1.07 % in February , the highest rate among the regions . In São Paulo , in turn , the high went from 0.53 % to 0.97 % , on the same basis of comparison. Recife and Vitoria kept the pace high of 0.56 % in prices , while other five regions decelerated indices .
The acceleration of inflation in the state capital in the passage between January and February was driven by residential rents , which rose 2.77 % , domestic employee , up 2.85% , and energy , up 3.55% after increase in PIS COFINS Pasep .
The Apparel and Transportation groups widened in February deflation ever recorded in janeiro.Em Clothing , indentation price went from 0.15 % to 0.40 % , still reflecting deals this time of year . Have prices dropped 0.05 % Transportation in February, against 0.03 % in January , driven by a drop of 20.55 % of the airline tickets . The item thus exerted the greatest impact to pull prices down in February , from 0.12 percentage point .
Focus predicts inflation of 6.01 % in 2014
The IPCA - 15 , considered the official preview of inflation in the country , had recorded a high of 0.70 % in February , up from 0.67 % in January. Twelve-month inflation IPCA - 15 is 5.65% .
For the latest Focus Newsletter , which brings together the leading market forecasts , IPCA inflation should end 2014 and 6.01 % , slightly increased, compared to 6 % in the previous document. For next year , is expected to slowdown to 5.7 % .
Already inflation measured by the General Price Index - Internal ( IGP - DI ) Availability shot from 0.40% in January to 0.85 % , according to data released by the Getulio Vargas Foundation on Monday . In twelve months , the cumulative inflation is 3.60 % .
Read more about this in http://oglobo.globo.com/economia/puxada-por-educacao-inflacao-sobe-para-069-em-fevereiro-11855773#ixzz2vkpgMWNL
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Source : The Globe - Online
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This article was translated by an automatic translation system, and was therefore not reviewed by people.