FGV: low-income inflation slows in September
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The retail inflation felt by low-income households slowed in September. The Index of Consumer Prices - Class 1 (IPC-C1) increased only 0.02% last month, after rising 0.20% in August. The index is used to measure the impact of price movements between families with monthly income between 1 and 2.5 minimum wages. According to the Getúlio Vargas Foundation (FGV), with the result of the September CPI-C1 accumulate high of 3.47% in the year and 5.13% in 12 months.
Also according to the foundation, the performance of the indicator in September was also below the findings of the Index of Consumer Prices in Brazil (IPC-BR), which measures the impact of inflation among wealthy families, between 1 and 33 minimum wages, and increased 0.18% in the same month. The IPC-BR accumulate high of 3.41% in the year and 5.02% in 12 months.
In September, the largest contributions to the smallest increase in the CPI-C1 were derived from deflation and slowdown in prices in two of the seven categories of expenditure used to calculate the index: Food (from 0.01% to -0.47%) and Housing (from 0.99% to 0.61%). In these two classes of expenditure was lower prices and inflation weaker, respectively, in vegetables (from 1.87% to -1.04%) and bottled gas (from 4.21% to 2.88 %).
The other classes of expenditure had to fall in prices, deflation weaker or acceleration of prices. Is the case of clothing (from -0.84% to 0.85%), Health and Personal Care (from -0.34% to -0.25%), Education, Reading and Recreation (from 0.03% to 0.06%), transportation (from 0.01% to 0.02%) and various expenses (from -0.19% to 0.26%).
Source: State Agency
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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