The Extended National Consumer Price Index (IPCA) changed 0.62% in July and stood 0.17 percentage points (p.p.) below the rate registered in June (0.79%). Considering the months of July in the time series, the IPCA this year was the highest since 2004 (0.91%). As a result, the IPCA recorded a cumulative rate of 6.83% in the year, well above the rate of 3.76% in the same period of 2014. It posted the highest rate for the January-July period since 2003 (6.85%). Considering the cumulative rate in the last 12 months, the index hit 9.56%, above that in the preceding 12 months (8.89%). This was the highest cumulative rate in 12 months since November 2003 (11.02%). In July 2014, the IPCA stayed at 0.01%.
The complete data of the IPCA can be accessed here.

Having increased 4.17%, electricity once again led the ranking of main individual contributions, holding 0.16 p.p. The rise was very influenced by the metropolitan areas of Curitiba, where they increased 11.40%, reflecting part of the adjustment of 14.39% in the fares, in force since June 24, and São Paulo, whose increase of 11.11% was due to the adjustment of 17.00% applied to the fares of one of the supply companies since July 4. In other areas like Campo Grande (2.72%), Belo Horizonte (2.04%) and Brasília (2.03%) fares also increased, but as a result of taxes (PIS/COFINS).

On the other hand, taxes made fares cheaper in other areas between June and July. In Vitória the drop reached 8.67%, followed by Salvador (-4,67%).

Water and sewage bills also increased and stood, on average, 2.44% more expensive. The rise hit seven out of the 13 areas surveyed, as shown in the following table, highlighted by Goiânia (19.56%).

As shown in the following table, Housing (1.52%) registered the highest group result, being also pressed by cleaning products (0.65%), residential rent (0.49%) and condominium fees (0.49%).

In Health and Personal Care (0.84%), monthly tuitions of health insurance stood at 1.59%, reflecting part of the adjustment of 13.55% granted by the National Agency of Supplementary Health (ANS) to individual/family contracts. The IPCA of July unusually incorporated adjustments relative to the months of May and June, as they were valid for the period between May 2015 and April 2016. The following items also stood out in this group: Personal hygiene products (0.92%), Laboratory and hospital services (0.62%) and Medical and dental services (0.48%).

In the group of Household articles (0.86%), the items repair of household appliances (1.03%), TV, sound and computers (1.00%) and furniture (0.94%) stood out. In Personal Expenses (0.61%), banking services stood out (2.25%). This group was also influenced by items domestic workers (0.61%), hairdresser (0.76%) and manicurist (0.64%).

The group of Food and Beverages changed 0.65%. Food away from home increased 0.77%, more than that consumed at home (0.59%). The highlights are shown in the following table:

Among the food products that became cheaper, the highlights were:

The lowest group figures came from Communication (0.30%), Transportation (0.15%), Education (0.00%) and Wearing apparel (-0.31%). In Transportation, airfare stood out by changing 0.78%, against 29.19% in June. Responsible for a significant parcel of the expenditures of families, gasoline became 0.29% cheaper from one month to the other. The drop was even deeper for the liter of ethanol, whose prices fell 1.79%.

Still in the group of Transportation, interstate bus fares stood out by rising 6.32%, reflecting the adjustment of 7.70% in force since July 1.

The highest regional index was registered in Curitiba (0.89%), due to the rise of 11.40% in the electricity bills, reflecting the adjustment of 14.39% in the fares, in force since June 24. The lowest index was recorded in Belém (-0.07%), where food products dropped 0.79%. The next table shows the monthly figures by area surveyed:

The IPCA has been calculated by IBGE since 1980. It refers to families with monthly income of one to 40 minimum wages, whatever the source, and it encompasses ten metropolitan areas in Brazil, besides the municipalities of Goiânia, Campo Grande and Brasília.

In order to estimate the index of the month, the prices collected from June 30 to July 29, 2015 (reference) were compared with the prices in force from May 28 to June 29, 2015 (base).

In July, INPC stays at 0.58%

The National Consumer Price Index - INPC changed 0.58% in July, standing 0.19 p.p. below the June´s figure (0.77%). As a consequence, the cumulative index in the year hit 7.42%, above the rate of 3.92% relative to the same period of 2014. The cumulative index in the last 12 months stayed at 9.81%, above that of the 12 previous months (9.31%). In July 2014, the INPC was 0.13%.

Food products changed 0.56% in July, whereas the rate was 0.69% in June. The group of non-food products changed 0.59% in July, below the June´s rate (0.81%).

The highest regional index was registered in the metropolitan area of Curitiba (1,08%), due to the rise of 10.96% in the electricity bills, reflecting the adjustment of 14.39% in the fares, in force since June 24. The lowest index was recorded in Belém (-0.22%), where food products dropped 0.88%. The next table shows the monthly figures by area surveyed:

In order to estimate the index of the month, the prices collected from June 30 to July 29, 2015 (reference) were compared with the prices in force from May 28 to June 29, 2015 (base).

The INPC has been calculated by IBGE since 1979. It refers to families with monthly income of one to five minimum wages, with a salaried head of the family, and it encompasses ten metropolitan areas in Brazil, besides the municipalities of Goiânia, Campo Grande and Brasília.