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Economic indicators

Food prices have the biggest increase in 14 years, says IBGE

02/05/2016

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

 

 

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The prices of food and beverages jumped 2.28% in January, registering the highest since December 2002 (3.91%), according to the IBGE (Brazilian Institute of Geography and Statistics).

Taking into account only the months of January, the result is the largest of the series, which began in 1995. Inflation in the sector was down primarily by fresh food. 

The carrot had the highest price increase in January, to 32.64%

Photo: Fernando Stankuns / Flickr / The Financier

Last month, the products purchased for consumption at home rose 2.89%, while the food away from home advanced 1.12%.

The most significant increases were observed in carrot prices (32.64%), tomatoes (27.27%), onion (22.05%) and potatoes (14.78%).

The food and beverages group contributed 0.57 percentage point increase of 1.27% in the IPCA (National Index of Consumer Price) in January, the highest monthly figure since March last year.

 

Source: Earth

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

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