The Extended National Consumer Price Index (IPCA) changed 0.40% in June and stood 0.06 percentage points below the rate registered in May (0.46%). As a result, the first semester of the year closed at 3.75%, above the rate of 3.15% in the first semester of 2013. Considering the last 12 months, the index stayed at 6.52%, above that of the 12 previous months (6.37%). In June 2013, the rate was 0.26%.

The complete publication of the survey can be accessed at https://www.ibge.gov.br/home/estatistica/indicadores/precos/inpc_ipca/defaultinpc.shtm.

Decelerating for the third month in a row, the group Food and Beverages moved from 0.58% in May to -0.11% in June, the lowest result since July 2013 (-0.33%). Food at home had a 0.60% drop in June, whereas, in May, it increased 0.41%. Part of the products became cheaper and part posted a reduced change; the highlights were potatoes (-11.46%) and tomatoes (-9.58%) presenting the strongest impacts down, with -0.03 percentage points each.

Food away from home (0.91% in May to 0.82% in June) recorded lower results than in the previous month, with a highlight to meals (0.96% to 0.75%), soft drinks (1.29% to 0.51%) and beer (0.34% to 0.01%).

Among food products, the main highlights presenting drop or deceleration were:

As to food products with highs in the month, the highlights were:

Food and Beverages was not the only group to fall from one month to the other. Apart from Transportation and Personal Expenses, the other groups presented lower results in June.

In the expenses with Housing, there was a 0.61% reduction from May to 0.55% in June, even with the significant highs in water and sewage fees (0.95%), housing rent (0.84%) and cleaning products (0.92%). That was due to electricity, which moved from 3.71% in May to 0.13% in June, as a result of the drops of 3.76% in Rio de Janeiro, 1.07% in Belo Horizonte and 1.35% in Brasília. The result of water and sewage occurred because of the rise in the Metropolitan Areas of Salvador (5.67%), repriced at 7.80% since June 6, and Belo Horizonte (2.79%), at 6.18% on May 13.

Health and Personal Care stayed at 0.60% in June, after the 0.98% rate of the previous month, since it left behind the effects of the repricing of March 31 in Medicine (from 1.47% in May to 0.29% in June).

Besides the groups aforementioned, there were strong reductions in the growth rates of Household Articles (1.03% in May to 0.38% in June) and of Wearing apparel (0.84% in May to 0.49% in June). Another two groups that had results below the previous month, in a total of seven out of the nine places, were Communication (0.11% to -0.02%) and Education (0.13% to 0.02%).

On the other hand, with the FIFA World Cup in Brazil, the hotel daily rates rose 25.33% and took the group of Personal Expenses to 1.57% in June (0.80% in May), responding for both the highest change and the major impact of the group (0.17 percentage points).

Likewise, because of the Cup, airfares became, on average, 21.95% more expensive; as a result, the group Transportation went to 0.37%, after a drop of 0.45% in May, despite the cheaper prices of the liter of ethanol and gasoline (3.42% and 0.72%, respectively). The 0.58% change in urban bus fees also stands out against the 0.72% rate of the previous month. June's result is due to the areas of Belo Horizonte (2.52%), repriced at 7.54%, on May 10; Belém (5.73%), at 9.09%, on May 19; and Goiânia (0.72%), at 3.70% on May 3.

Therefore, hotel daily rates, with 0.11 percentage points, coupled with airfares, with 0.09 points, lead the ranking of the major impacts. Together, they accounted for 0.20 percentage points and were responsible for half of the month's IPCA.

Among the indexes by area, the highest one was registered Recife (0.71%), where hotel daily rates presented increase of 32.69% and weight of 0.94%, exerting an impact of 0.31 percentage points in the result. The lowest index occurred in Belém (0.21%), due to the decrease of 0.56% in food at home.

The following table shows the monthly results by area surveyed:

IPCA has been calculated by IBGE since 1980. It refers to families with monthly income of 01 to 40 minimum wages, whatever the source, and it encompasses ten Metropolitan Areas in the country, besides Brasília and the municipalities of Goiânia and Campo Grande. In order to estimate the index of the month, the prices collected from May 29 to June 27 of 2014 (reference) were compared with those in force from April 29 to May 28 of 2014 (base).

INPC changed 0.26% in June

The National Consumer Price Index (INPC) recorded a change of 0.26% in June, staying below the 0.60% rate of May by 0.34 percentage points. As a consequence, the first semester of the year closed at 3.79%, 0.49 percentage points above the rate relative to the same period of 2013 (3.30%). Considering the last twelve months, the index stood at 6.06%, below the 6,08% corresponding to the prior twelve-month-period. In June of 2013, INPC was at 0.28%.

Food products shrank 0.14% in June, whereas non-food products were up 0.44%. In May, the results were at 0.64% and 0.59%, respectively.

Among the indexes by area, the biggest one was in Salvador (0.50%), where water and sewage fees recorded increase of 5.66% due to the 7.80% repricing in force since June 6, and electricity fees (4.42%) reflected part of the 14.69% adjustment of April 22. The lowest index was in Curitiba (-0.07%) because of the drop of 0.50% in the prices of food at home besides the 3.49% decrease in the prices of gasoline and of 4.47% in ethanol. The following table shows the monthly results by area surveyed:

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 the country, besides Brasília and the municipality of Goiânia. In order to estimate the index of the month, the prices collected from May 29 to June 27 of 2014 (reference) were compared with those in force from April 29 to May 28 of 2014 (base).