The Extended National Consumer Price Index (IPCA) changed by 0.28% in June and had the same rate as in May (0.28%). The index accumulated in the year was 2.08%.

The Extended National Consumer Price Index (IPCA) changed by 0.28% in June and had the same rate as in May (0.28%). The index accumulated in the year was 2.08%, above the figure for the same period in 2006 (1.54%). The index accumulated in the last twelve months was 3.69%, higher than the 3.18% obtained  in the immediately previous twelve months. In June 2006, the index was -0.21%.

Prices in the group food products and beverages rose by 1.09% and contributed with 0.23 percentage points to the overall index, accounting for 82% of the IPCA in June. In May, the change in this group was 0.16%. The main negative contribution was that of pasteurized milk, which, due to its reduced supply, represented the biggest individual contribution in the month: 0.11 percentage points. Milk, which is an important item in the diet of families, had relative participation of about 1% in the IPCA weighting averaging figures. The prices rise of this product reached 12.40% in June. This way, dairy products also rose: powdered milk (3.45%), cheese (2.77%), condensed milk (2.74%) and heavy cream (1.61%). The rise of milk and dairy products was 7.35%. The highlights in the group food products were “carioca” beans, which rose by 15.37%, and eggs, which are now 4.93% more expensive.

Besides food products, apparel (which changed by 0.91% and contribution of 0.06 percentage points) and the salaries of domestic workers (which changed by 1.11% and contribution of 0.03 percentage points) were other highlights in June.

On the other hand, fuel prices fell by 1.69%. The biggest production of sugarcane caused reduction of the prices of alcohol in plants, which resulted in decrease by 12.35% of the liter of fuel alcohol in pumps. It was the lowest individual contribution to the index of this month: -0.05 percentage points. The price of gasoline, which was affected by alcohol, fell by 0.77% and represented contribution of -0.04 percentage points to the index.

Among the indexes by area, the highest result was that of Rio de Janeiro (0.37%), being the highlight the rise of 2.62% in of salaries of domestic workers. The lowest result was obtained in Fortaleza (-0.09%), where there was fall by 0.24%.

To calculate the index of the month, prices collected in the period May 29^th to June 27^th (reference) were compared to those charged from April 28^th to May 28^th (base). The IPCA has been calculated by IBGE since 1980; it refers to families with monetary income ranging from 01 to 40 minimum wages and headed by a salaried worker. It includes nine metropolitan areas of the country, besides the municipalities of Goiânia and Brasília. 

INPC changed by 0.31%

The National Consumer Price Index (INPC) changed by 0.31% in June. This result was above the May figure (0.26%). Considering the June index, the result accumulated in the year was 2.20% and was above the rate of last year (1.06%). For the last 12 months, the figure was 3.97%, also above the result of 3.57% relative to the immediately previous months. In June 2006, the index was -0.07%. In terms of the June index, food products changed by 0.93%, whereas non-food products changed by 0.08%.

The highest index by areas was obtained in São Paulo (0.51%). The lowest result was that of Fortaleza (-0.13%). The table below shows the indexes by areas surveyed.

To calculate the index of the month, prices collected in the period May 29^th to June 27^th (reference) were compared to those charged from April 28^th to May 28^th (base). The INPC has been calculated by IBGE since 1979; it refers to families with monetary income ranging from 01 to 06 minimum salaries, headed by a salaried worker. It includes nine metropolitan areas of the country, besides the municipalities of Goiânia and Brasília.