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IPCA-15 of November stays at 0.46%

November 23, 2011 09h00 AM | Last Updated: August 21, 2018 11h21 AM

 

 

 



 

The Extended Consumer Price Index-15 (IPCA-15) changed 0.46% in November, slightly above the rate of October (0.42%). As a result, the accumulated indicator in the year stayed at 5.96%, above the rate of the same period a year ago (5.07%). Considering the last 12 months, the index was at 6.69%, below the immediately previous 12 months (7.12%). In November of 2010, the rate was of 0.86%.

The complete publication of IPCA-15 can be accessed athttps://www.ibge.gov.br/english/estatistica/indicadores/precos/ipca15/defaultipca15.shtm

 

The prices of food products accelerated again by changing from 0.52% in October to 0.77% in November, representing an impact of 0.18 percentage points over the index of the month. Several products registered high. The highlights were potatoes (from –3.65% in October to 12.43% in November), ground coffee (from 2.81% to 3.13%), tomatoes (-6.27% to 3.00%), fruits (0.84% to 1.50%), meat (from 0.55% to 1.30%) and meals out (0.41% to 0.75%).

 

Wearing apparel also saw a rise in prices, from 0.38% in October to 0.87%. That was the group with the largest change. Following that, there came personal expenses, which was revised up to 0.82% in November, having registered 0.22% in October. In that group, the highlights were the salaries of domestic personnel, with a high of 1.35%, against the 0.10% of October, the item with the highest impact in the month (0.05 percentage points). The other highlights were manicure (from 1.13% to 1.40%) and hairdressing (from 0.16% to 1.54%), with significant increases.

 

The group of Communication was 0.36% in November, after showing stability in October. The pressure came from mobile phone services, which changed from 0.07% in October to 1.83% in November.

 

Conversely, Transportation decreased from 0.57% in October to 0.02% in November. That was attributable to air tickets (from 14.23% to 4.00%) and ethanol (from 1.17% to 0.14%), as well as to the drops of new (-0.09% to –0.35%) and used (from 0.84% to –1.34%) motor vehicles, liter of gasoline (from 0.11% to –0.34%), interstate bus fares (from –0.02% to –0.33%) and voluntary vehicle insurance (from 4.46% to –0.56%).

 

Housing also helped to control the rate of the month, changing from 0.85% to 0.40%. The lowest month over month change was mainly due to the following items: condominium fees (from 0.76% to 0.18%), water and sewage rates (from 1.73% to zero), cleaning articles (from 0.66% to –0.06%) and bottled gas (from 1.19% to –0.41%).

 

Consequently, the non-food products recorded very close changes, 0.39% in October and 0.37% in November. The results of all the groups of products and services surveyed are shown in the following table.

 



 

Concerning the regions surveyed, Porto Alegre (0.73%) was a highlight for the highest result of the month, mainly due to the rise in electric energy, 2.31% more expensive, reflecting the adjustment of 7.60% on October 25. In addition, the liter of gasoline saw a high of 3.43%. The lowest index came from Salvador (0.16%), where the liter of gasoline was 9.00% less expensive, followed by ethanol, 5.77% less expensive in relation to the previous month. The following table shows the results by region:

 

 



 

In order to estimate IPCA-15, prices were collected from October 14 to November 14 and compared with those in force from September 14 to October 13 of 2011. The indicator refers to families with a monthly income of one to forty minimum wages and it encompasses the metropolitan regions of Rio de Janeiro, Porto Alegre, Belo Horizonte, Recife, São Paulo, Belém, Fortaleza, Salvador, Curitiba, and also Brasília and Goiânia. The methodology is the same as the one used for IPCA; the difference is in the period of price collection.