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Economic indicators

IPC-record high of 0.84% in the 3rd week of October

25/10/2012

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Price index had advanced 0.77% in the previous week; emphasis on food and housing
 
SAO PAULO - The CPI (Consumer Price Index) of São Paulo rose 0.84% in the third quadrissemana October, compared with a 0.77% in the second quadrissemana month, informed the Fipe (Institute of Economic Research) this Thursday (25).

In the third quadrissemana October, the group Food prices advanced 2.28%, accounting for 61.67% of IPC-month. The housing sector rose 0.51%, accounting for 18.91% of the index.

The IPC-measures changes in prices quadrissemanais paulistanas to families with incomes between 1 and 10 minimum wages.

The release of IPC-referring to the fourth quadrissemana October will occur on November 5.



Source: MSN News

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