Rise of gasoline accounted for 40% of September’s IPCA

The Extended National Consumer Price Index (IPCA) of September, calculated by IBGE, changed by 0.35% and was above the average of August (0.17%). With this result, the IPCA accumulated in the year was 3.95%, a percentage inferior to that measured in the same period of 2004 (5.94%). In the last twelve months, the index was 6.04%, almost the same rate as that of the immediately previous twelve months (6.02%). In September 2004, the monthly rate was similar to the current one. In order to calculate the index of September, prices collected from August 26 to September 26 (reference), were compared to those in effect from July 28 to August 25 (base).

 

Gasoline

caused an impact of 0.14 percentage points and accounted for 40% of September’s IPCA. On average, consumers are now paying 3.36% more for a liter of this fuel. The result reflects part of the readjustment of 10% of sale prices in refineries announced by Petrobrás on September 10; it was the first readjustment this year. From January to August, influenced by alcohol, which was 12.0% cheaper, gasoline fell by 0.56%. However, in July (2.05%), August (1.58%) and September (1.41%), alcohol rose due to the readjustment of wholesale prices. The table below shows the results by month and accumulated in the year:

CHANGE (%)

 

GASOLINE

ALCOHOL

   

January

0.06

-1.23

February

-0.79

-1.44

March

0.71

0.57

April

0.42

0.51

May

-0.64

-5.42

June

-1.51

-8.79

July

0.87

2.05

August

0.34

1.58

September

3.36

1.41

   

In the year

2.77

-10.76

   

 

 

With the rise of fuels and other important items, the group of non-food products changed from 0.43% to 0.52% and accumulated 4.95% in the year. One of the important items was salary of household employees, with rise of 1.82%, showing the influence of the readjustment of the minimum wage occurred in May, from R$ 260.00 to R$ 300.00. The lagging between the readjustment and the incorporation in the index is based on methodological reasons.

 

Water and sewage service

bills rose, on average, 2.08%, despite the discount granted by the water service company of Rio de Janeiro, where there was fall of 3.0%. The result was influenced by the rises in the metropolitan areas of São Paulo (7.46%) and Belém (3.55%)

 

The index of September was influenced by airplane tickets (2.96%), condominium taxes (1,21%), used cars (1.015) and health insurance plans (0.96%).

Food products

(-0.25%), kept the downward trend for the fourth consecutive month, but with lower intensity in relation to the previous months, June (-0.67%), July (-0.77%) and August (-0.73 %). The result of this month was affected by chicken, which became 2.85% more expensive, besides coffee (1.75%) and meats (0.99%). The table below shows the main items which rose in September:

ITEM

CHANGE (%)

 

AUGUST

SEPTEMBER

IN THE YEAR

    

Crystallized sugar

2.64

0.83

5.79

Soft drinks

-0.18

0.86

6.26

Refined sugar

1.01

0.87

-4.42

Jerky

-0.34

0.87

1.01

Snacks (away from home)

0.22

0.95

6.14

Meats

-0.93

0.99

-5.18

Fish and seafood

-0.80

1.14

1.99

Fruits

-0.41

1.15

-7.46

Beer (away from home)

-0.38

1.35

4.67

Coffee

0.29

1.75

7.28

Black beans

-6.07

1.96

3.74

Ham

-2.75

2.37

2.98

Chicken

0.97

2.85

-1.57

    

 

Among the areas surveyed, the highest indexes were measured in Recife (0.48%) and São Paulo (0.47%). In Recife, the result was influenced by electric energy (5.77%), medicines (1.30%) and salaries of domestic employees (3.45%). In São Paulo, the highlight was water and sewage service bills (7.465), besides food products (0.02%), which showed relative stability. Goiânia (0.06%) had the lowest index.

AREA

 

PARTICIPATION

BY AREA

 

CHANGE (%)

  

AUGUST

SEPTEMBER

IN THE YEAR

     

Recife

4.25

0.01

0.48

4.47

São Paulo

36.26

0.01

0.47

3.77

Fortaleza

3.34

0.18

0.42

3.76

Curitiba

7.49

0.34

0.38

3.20

Belo Horizonte

9.15

0.28

0.32

4.81

Belém

3.85

1.83

0.30

4.54

Salvador

6.23

0.19

0.30

3.40

Porto Alegre

9.19

-0.05

0.29

4.90

Rio de Janeiro

13.40

0.11

0.25

3.69

Brasília

3.06

0.32

0.02

3.81

Goiânia

3.78

0.08

-0.06

3.57

     

Brazil

100.00

0.17

0.35

3.95

     

 

 

The IPCA has been calculated by IBGE since 1980. It refers to families with monthly income ranging from 01 to 40 minimum salaries, from whatever source, and encompasses nine metropolitan areas in the country, besides the municipalities of Goiânia and Brasília.

 

INPC changed by 0.15% in September

The National Consumer Price Index (INPC) of September changed by 0.15% and was above the stable August result (0.00%). With the September rate, INPC accumulated in the year was 3.47%, a rate inferior to the 4.59% measured in the same period in 2004. In the last twelve months, the index was 4.99%, also less than in the immediately previous twelve months, 5.01%. In September 2004, INPC had a monthly change of 0.17%. For the calculation of the September index, prices collected from August 26 to September 26 (reference) were compared with those in effect from July 28 to August 25 (base).

 

From August to September, food products changed from –0.86% to –0.45%, whereas non-food products changed from 0.36% to 0.40%.

The INPC has been calculated by IBGE since 1979. It refers to families with monthly income ranging from 01 to 08 minimum salaries, with a salary earner as head of the household. It encompasses nine metropolitan areas in the country, besides the municipalities of Goiânia and Brasília.

The highest index by area was measured in Curitiba (0.35%) and the lowest one in Brasília (-0.28%).

AREA

 

PARTICIPATION

BY AREA (%)

 

CHANGE (%)

  

AUGUST

SEPTEMBER

IN THE YEAR

     

Curitiba

7.09

0.18

0.35

2.25

São Paulo

26.79

-0.26

0.30

3.46

Fortaleza

6.20

-0.01

0.24

2.95

Recife

7.21

-0.19

0.22

3.90

Belo Horizonte

11.02

-0.01

0.11

3.95

Rio de Janeiro

10.80

-0.09

0.10

3.46

Porto Alegre

7.66

-0.25

0.06

4.64

Salvador

10.30

0.04

-0.01

2.89

Goiânia

5.02

-0.11

-0.01

3.22

Belém

5.72

1.83

-0.14

3.91

Brasília

2.19

-0.07

-0.28

2.95

     

Brazil

100.00

0.00

0.15

3.47