The Index was lower than in October (0.75%), similarly to the rates accumulated in the year (5.31%) and in the last twelve months (6.22%). Transportation was the main responsible for the deceleration.

The Index was lower than in October (0.75%), similarly to the rates accumulated in the year (5.31%) and in the last twelve months (6.22%). Transportation was the main responsible for the deceleration.

The Extended National Consumer Price Index (IPCA) of November changed by 0.55%, and was below the October figure (0.75%). The index accumulated in the year was 5.31%, a percentage inferior to the 6.68% registered in the same period in 2004. The index accumulated in the last twelve months was 6.22%, also below the immediately previous twelve months (6.36%). In November 2004 ,the monthly rate was 0.69%.

The decrease of IPCA this month is a consequence of the deceleration of prices related to Transportation: in October, the group reached 2.21% and accounted for 65% of the index. In November, the index for this group was only 0.66%.

After price rises related to readjustments in refineries in September (3.36%) and October (4.17%), gasoline had residual change of 0.83%. Alcohol, which had risen by 10.48% in October, presented more moderate price rises: 2.52%.

Besides fuels (from 5.35% in October to 1.15% in November), the lowest rise of rates of airplane tickets (from 11.06% to 5.04%) and urban bus fares (from 1.10% to 0.64%) caused the expenses with transportation to rise less. The change for urban bus fares was 0.64%, due to the following areas: Goiânia (9.09%), Recife (5.35%) and Salvador (1.80%). In Goiânia, the readjustment was 20%, on October 12; in Recife, 10% on November 11; in Salvador, 13.3%, since October 1.

There were significant changes in other items from one month to the other. The main impact (0.06 percentage point) was electricity, with 1.30% (versus 0.51% in October). The increase was mainly due to rises of taxes in the metropolitan areas of: Rio de Janeiro (5.15%), Fortaleza (3.37%) and Porto Alegre (2.17%). In the group food products and beverages, the rate changed from 0.27% to 0.88%.

Among the areas surveyed, the highest index was registered in Goiânia, where food products rose by 1.66%, especially due to products such as potatoes (81.31%) and tomatoes (66.80%). Other food products – crystallized sugar (11.06%) and meats (3.74%) also rose to levels above those of other areas. Besides, in Goiânia, there was rise of prices of urban bus fares (9.09%), gasoline (6.82%) and alcohol (6.44%). The lowest index was registered in Porto Alegre (0.26%).

IPCA has been calculated by IBGE since 1980. It refers to families with monetary income, from whatever source, ranging from 1 to 40 minimum salaries and encompasses nine metropolitan areas in the country, besides Brasília and Goiânia. In order to calculated the November index, prices in effect between October 27 and November 29 (reference) were compared with those in effect between September 27 and October 26 (base).

INPC was 0.54% in November

The National Consumer Price Index – INPC changed by 0.54% in November, a figure below that of October (0.58%). The deceleration of the rate over the month is considered a consequence of the decrease of the rate for Transportation, which decreased from 1.72% to 0.74%. Consequently, the rate for non-food products was 0.43%, whereas in October it was 0.70%. As for food products, there was increase from 0.28% to 0.81%.

In November, INPC accumulated 4.63% in the year, below the 5.23% registered in the same period in 2004. In the last twelve months the index was 5.53%, a rate superior to that of the immediately previous twelve months (5.42%). In November 2004, IPCA was 0.44%.

Goiânia

had the highest index by area (1.19%); São Paulo, the lowest (0.13%).

INPC has been calculated by IBGE since 1979. It refers to families whose monetary income, from any source, ranging from 1 to 8 minimum salaries with a salaried worker as head of the household. It encompasses nine metropolitan areas in the country, besides Brasília and Goiânia. In order to calculated the index, prices in effect between October 27 and November 29 (reference) were compared with those in effect between September 27 and October 26 (base).