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Economic indicators

Food drives high IPC-S in the first week of October, according to FGV

10/08/2012

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

 


 




Inflation rose to 0.64%, Clothing and Housing also contributed to the result
 
SAO PAULO - The CPI inflation-S (Consumer Price Index Weekly) rose to 0.64% in the first week of October. The result is 0.10 percentage points higher than that recorded in the last week of September.

The index, calculated by the FGV (Fundação Getulio Vargas) and released on Monday (8), showed that six of the eight classes of expenditure index components showed higher results in their rates of change, especially for the group Feeding, now from 1.23% to 1.38%.

According to FGV, the result of the group reflects the behavior of rice and beans, which increased from 3.95% to 5.38%.

Other groups
Besides the group Food, contributing to the increase in inflation in the week the groups clothing (0.60% to 1.10%), Housing (0.40% to 0.49%), Health and Personal Care (0.42% to 0.51%), communication (0.51% to 0.62%) and Miscellaneous Expenses (0.25% to 0.35%).

In these groups, the influences came from the clothing items (0.74% to 1.18%), water and sewer rate residential (0.72% to 1.00%), toiletries and personal care (0.57% to 0.88%), mobile phone rate (0.89% to 1.28%) and pet food (0.92% to 1.51%), respectively.

In contrast, two classes of expenditure showed a decrease in their rates of change: Transportation (0.14% to 0.13%) and Education, Reading and Recreation (0.07% to 0.01%). For each of these divisions, it is worth mentioning the behavior of items: workshop services (0.69% to 0.00%) and tour and tour (1.47% to -1.21%) in that order.

Group                    31/09/2012 (In%)   31/09/2012 (In%)

Power                           1.23                1.38
Housing                        0.40                0.49
Apparel                         0.60                1.10
Health and Personal Care 0.42                0.51
Education, Reading and Recreation 0.07   0.01
Transport                       0,14                0,13
Miscellaneous Expenses   0.25                0.35
Communication               0.51                0.62




Source: Ig 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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