Inflation preview
With decrease in gasoline and increase in food, IPCA-15 stands at 0.58 in January
January 26, 2022 09h00 AM | Last Updated: January 26, 2022 05h40 PM
The inflation preview decelerated to 0.58% in January, after high of 0.78% in the previous month. Over the last 12 months, the indicator acumulates high of 10.20%, below the 10.42% recorded in the previous 12 months. The rate had been 0.78% in January 2021. Data are from the Extended National Consumer Price Index 15 - IPCA-15, released today (January 26) by the IBGE.
The result was influenced by the retreat in Transportation (-0.41%), mainly due to the price fall in gasoline (-1.78%) and airfare (-18.21%). The two sub items contributed with -0.12 pp each to January IPCA-15. In addition, ethanol (-3.89%) and vehicle gas (-0.26%) also had negative changes in the period.
Except for transportation, the other eight groups of products and services surveyed rose in January. In food and beverages (0.97%), food at home accelerated to 1.03%. The greatest impacts came from onions (17.09%), fruit (7.10%), ground coffee (6.50%) and meat (1.15%). On the other hand, there were decreases in the prices of potatoes (-9.20%), rice (-2.99%) and long-life milk (-1.70%), which had already decreased in the previous month.
Food away (0.81%) also accelerated in relation to December (0.08%). Snacks went from decrease of 3.47% to high od 1.25%, whereas meals stood with 0.63% of high, below the previous month result (1.62%).
In the group of health and personal care (0.93%), the highlight were the personal hygiene items (3.79%). Among the falls, health insurance plans retreated 0.69%. In December, the last monthly share of the annual increase, which had been suspended in 2020, being applied as of January 2021, was added. As a result, just the share relative to the negative adjustment of -8.19% was left, as announced by the National Agency of Supplementary Health (ANS) last year and in effect after the July IPCA-15.
In Housing (0.62%), the greatest impact (0.06 pp) was in housing rent, with a high of 1.55%. There was also increase in piped gas (8.40%), due to increase in São Paulo. Electricity, the most significant sub item in the group, decelerated to 0.03% in January. The positive change of the water and sewage fees (0.28%) is due to the 9.05% increase taken place in Salvador.
Wearing apparel, the most important change in January IPCA-15, increases with highs in all items, among which, men’s wearing apparel (2.35%), women’s wearing apparel (1.19%) and accessories (1.20%). In household articles (1.40%), the highlights were the items household appliances and equipment (2.26%) and furniture (2.04%). The other groups stood between 0.25% in education and 1.09% in communication.
IPCA-15 records increase in all the areas surveyed
The survey also shows that all areas surveyed had highs in January. The greatest change was that of the metropolitan area of Salvador (1.08%), whose result was driven by personal hygiene items (4.57%) and by fruit (9.90%). Conversely, the lowest result occurred in Brasília (0.19%), influenced by the price decreases in gasoline (-4.89%) and in airfare (-14.37%).
More about the survey
The National System of Consumer Price Indexes – SNIPC continuously and systematically produces consumer price indexes. With the release on the Internet started in May 2000, the IPCA-15 differs from the IPCA in terms of collection period and geographic coverage. In order to measure January IPCA-15, prices collected from December 13, 2021 to January 13, 2022 (reference) were compared with the ones in effect from November 13 to December 13, 2021 (base).
The target population of the IPCA-15 encompasses households with earnings between 1 and 40 minimum wages, whatever the source, living in the following metropolitan areas: Belém, Fortaleza, Recife, Salvador, Belo Horizonte, Rio de Janeiro, São Paulo, Curitiba, Porto Alegre, as well as the Federal District and the municipality of Goiânia. For complete results, please, check Sidra database.
