Clipping of news on Brazilian Culture, Law and Citizenship
31/03/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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The price increase in inflation does not occur at the same time and share in all goods and services
Inflation is a continuous increase in prices is a progressive loss of purchasing power of the people, since the currency is devalued. In an economic scenario with inflation, to acquire the same amount of things from day to day more money is needed.
The price increase in inflation does not occur at the same time and share in all goods and services. There is a price fluctuation in the market which makes the information for the calculation of economic indicators that support decision making in relation to the economy. Inflation, despite its complexity, concerns everyone, as it impacts on budgets. Inflation as devouring the purchasing power of people gives the high social costs, it slows down the economy and bring unemployment.
QUESTION AND ANSWER
"In the face of high inflation, the cost of living has become unbearable for those who earn basic salary in the range of four minimum wages. Still, passing a grip, I would like to try to save savings in the bank. How to reconcile? It is still valid to a savings account? ", Tiago Santos, Curicica
In Brazil, the official inflation is measured by the price index extended consumer (IPCA), published monthly by IBGE. It is important that as consumers and citizens we stay alert to these indicators, it will impact on our budget and financial planning.
One way to achieve save is to have control of our own inflation, making the comparison of variation of goods consumed. List what you spent on purchase of consumer goods and services. So you can track your financial planning and budget in relation to inflation and make the necessary adjustments to their economic reality in the quest to get a feature to apply the savings.
The main feature of savings is safety due to low credit risk of large banks and the guarantee of FGC Credit-Guarantee Fund for applications up to R$ 250,000. If you invest in saving a bank R$ 50 thousand and the bank will bankrupt the FGC guarantees the return on your investment earnings to the date of the intervention in the financial institution.
Source: The Day
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This article was translated by an automatic translation system, and was therefore not reviewed by people.