With IPI reduced consumer inflation rental yields
This article was translated by an automatic translation system, and was therefore not reviewed by people.
By: Roberta de Matos Vilas Boas
SAO PAULO - The reduction of the IPI (Excise Tax) levied on cars has impacted consumer spending this product. From January to July, spending fell 7.2%, according to a study of MB Associados, made based on the IGP-M of FGV (Fundação Getulio Vargas).
Considering the behavior of inflation for those consumers in the last 12 months, the price index was also negative, at 7.1%.
Used Cars
But the fall in prices this year did not occur only on new cars, since the economic crisis and increased demand for new, used the recorded depreciation. This also impacted on inflation for consumers of these vehicles, which from January to July this year was -10.2%.
Since August of last year and July this year, inflation of the used car was also negative in 11.2%, according to data released by Fenabrave (National Federation of the Retail Motor Vehicles).
Source: InfoMoney
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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