Clipping of news on Brazilian Culture, Law and Citizenship
01/07/2014
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Prices dropped from 0.39% to 0.06% last week. Biggest drop was sweet potato which was 19,35% cheaper. Value of ethanol fell
DAY
Rio - Consumers can breathe a sigh of relief with signs of decline in food inflation and fuel alcohol in June. Besides recording consecutive drops since the last week of May by the Consumer Price Index - Weekly (IPC-S), economists say prices have more room to fall until the end of the month. In recent days, the food group, driven by the fall of 19.35% in the price of potatoes decreased the rate of increase of 0.39% to 0.06%.
Housewife Maria Marques, 53, sees the fall of the foods on the market and celebrates: 'It's a relief to see prices receding'
Photo: Paulo Araujo / Agency Day
The result allowed a relief at the final rate of CPI-S, which increased from 0.46% to 0.36%. Besides food, alcohol fuel also pushed the index down, falling 1.89%. Thus, the cost of transportation group dropped from 0.31% to 0.19% from the first to the second week of this month.
To the economist and coordinator of FGV index, Picchetti Paulo, the signal drop favors the expectation of IPC-S close at 0.10% in June. "We have our goal, but it is possible that the index complete the month up with negative inflation," he explains.
The FGV is estimated that perishable food follow the downward trend as the vegetables and legumes, which fell 7.48%, highlighting the deflation of 3.79% tomato, plus fruit, which had low 4.04%.
These setbacks have been perceived by housewife Maria Marques, 53, resident of downtown Rio says she was happy to see the lowest prices in the market. "Gave a relief to realize, especially the price of tomatoes receding," he said.
However, increased rates of clothing (from 0.17% to 0.35%), education, reading and recreation (from 0.62% to 0.64%) and communication (0.18% to 0.20% ).
Cai intention to use
The intent of Household Consumption (ICF) fell by 1.6% in June this year, compared to the previous month, reaching the lowest level since 2010. A survey by the National Confederation of Trade in Goods and Services Guide (CNC) analyzes the Brazilian willingness to buy products.
According to economist CNC Juliana Serapio, "the main explanations for the decline is the high interest rates and inflation in recent months."
Among the seven components used to measure the index, only two increased from May to June: the intention to purchase the term (which rose 1%) and the current level of consumption (up by 0.3%).
Source: The Day - Online
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This article was translated by an automatic translation system, and was therefore not reviewed by people.