Clipping of news on Brazilian Culture, Law and Citizenship
04/13/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
transparent image
Source: Economic Brazil
PC-3i measured inflation of the consumer basket for people over 60; "Transport" pulled forward index
Agency Brazil
Inflation in the consumer basket of people over 60 years, as measured by the Consumer Price Index of the Third Age (IPC-3i), stood at 2.72% in the first quarter of this year. The rate is lower than in the last quarter of 2015 (2.87%). In 12 months, the IPC-3i accumulates 9.6%, up from 9.37% measured by the Consumer Price Index - Brazil (IPC-BR), which calculates inflation for all income brackets.
In the fourth quarter of last year, the IPC-3i rate stood at 2.87%
Marcos Santos / USP Images
In the fourth quarter of last year, the IPC-3i rate stood at 2.87%
The main reason for the decline in the quarterly rate was the group of transportation expenses, with an inflation rate fell from 4.52% in the last quarter of 2015 to 2.87% in the first quarter of this year. Gasoline, for example, recorded a rise of 2.55% in prices in the first three months of this year, total well below the 9.78% recorded in the last three months of 2015.
Two other groups of expenses influenced the retreat of the IPC-3i: housing, which fell from 1.75% to 1.5%, and clothing, which fell from 1.99% to 0.27%.
Foods kept the 5.37% inflation rate, while the other expenditure groups had increased rate from the fourth quarter of last year to the first quarter of this year.
Source: Economic Brazil
To access the Brazil Economic site, click here.
Our news are taken in full of our partner sites. For this reason, we can not change their content even in cases of typographical errors.
This article was translated by an automatic translation system, and was therefore not reviewed by people.