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Inflation official moves to 0.48% in January, says IBGE

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



IPCA is used by government to meet targets for inflation.
In December, the rate was 0.28%.

Do G1, em São Paulo

In January, the official inflation index measured by the National Consumer Price Large (IPCA) was positive variation of 0.48%, 0.20 percentage point more than the rate recorded in December (0.28%), informed the Brazilian Institute of Geography and Statistics (IBGE) this Friday (6). In January 2008 the rate was 0.54%.

Foods were among the highlights of the January increase in the index: rose from 0.36% in Dec to 0.75%. The common bean (from 3.47% to -19.02%) and black beans (from -6.95% to 0.84%) were the foods that rose more than one month to another.

The high price was almost stable when comparing the last twelve months, the variation was 5.84%, slightly below the rate of twelve months immediately preceding (5.90%). In January 2008 the rate was 0.54%. 


The IPCA is the official index used by the Central Bank to meet the inflation targeting system, determined by the National Monetary Council (CMN).

 



Source: G1 news

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

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