After two months of deflation, October preview has inflation of 0.16%

After two months of deflation, October preview has inflation of 0.16%

The IPCA-15 (National Consumer Price Index – Extended 15), known as the inflation preview for the month, registered inflation of 0.16% in October, according to data from the IBGE (Brazilian Institute of Geography and Statistics) released today. .

The high was mainly influenced by the prices of health plans, which rose 1.44% in the month, after the ANS (National Agency for Supplementary Health) authorized readjustments in the sector. Another factor was the rise in the food and beverage group, which had fallen in the past month.

The result comes after two consecutive months of deflation — as negative inflation is called, which signals an average reduction in prices.

The index accumulated in 2022 is 4.8%, and in the last 12 months, 6.85%. In September, the index was -0.37%.

Transport and health explain result

The groups that most impacted the preview of inflation in the month were health (+0.8%) and transport (-0.64%). Despite the last group having registered deflation, the decrease was smaller than that registered in the two previous months, which harmed the result. In addition, the price of airline tickets soared 28.17% compared to September.

The prices of the four fuels surveyed fell: ethanol (-9.47%), gasoline (-5.92%), diesel oil (-3.52%) and vehicle gas (-1.33%), helping to month inflation. On the other hand, air ticket prices jumped 28.17% in October, after having risen 8.20% in September.

Among the increases, the biggest impact came from the health group, with health plans rising 1.44%, and personal hygiene items, 1.1%.

See results by group:

  • clothing (1.43%)
  • health (0.8%)
  • personal expenses (0.57%)
  • housing (0.28%)
  • food and beverages (0.21%)
  • household articles (-0.35%)
  • communication (-0.42%)
  • transport (-0.64%)

Food gets more expensive

After falling in September, the food and beverage group rose, with increases in food inside and outside the home (0.14% and 0.37%, respectively).

The foods that rose the most were:

  • fruit (4.61%)
  • onion (5.86%)
  • tomato (6.25%)
  • potato (20.11%)

Long-life milk (-9.91%) and soybean oil (-3.71%) fell.

How is the IPCA-15 calculated? The indicator, which takes into account 465 sub-items of products and services, captures inflation for families with income from 1 to 40 minimum wages and covers the metropolitan regions of Rio de Janeiro, Porto Alegre, Belo Horizonte, Recife, São Paulo, Belém, Fortaleza, Salvador and Curitiba, in addition to Brasília and the municipality of Goiânia.

The methodology used is the same as the IPCA. The difference lies in the price collection period and geographic scope.

Source: Uol

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