Clipping of news on Brazilian Culture, Law and Citizenship
02/05/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Jornal do Brazil
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The official inflation rate, measured by the National Index of Consumer Price (IPCA) changed by 1.27% in January 2016. The data was released on Friday (5) by the Brazilian Institute of Geography and Statistics (IBGE) . The rate indicates an increase in inflation from December, when it was 0.96%.
Inflation in 2016 began the year higher than in 2015, when it registered an increase of 1.24% in January. In 12 months, inflation accumulated a variation of 10.71% - a level higher than that recorded at the end of 2015 when it recorded 10.67%. The variation is higher than the target ceiling of the federal government, of 6.5%.
In 12 months, inflation accumulated a variation of 10.71%
The IPCA measures the change in prices afetafamílias with income between one and 40 minimum wages in 11 metropolitan areas (Belém, Fortaleza, Recife, Salvador, Belo Horizonte, Rio de Janeiro, São Paulo, Curitiba, Vitoria and Porto Alegre, Brasilia), and in the cities of Goiânia and Campo Grande.
With Agency Brazil
Source: JB Online
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This article was translated by an automatic translation system, and was therefore not reviewed by people.