The Extended Consumer Price Index -15 (IPCA-15) had a change of -0.09% in July, a lower rate than in June (0.19%)...

Among the Major Regions, there was decrease in only three of them: Brasília (0.17%), Belo Horizonte (0.12%) and Curitiba (0.03%). Rates in the other ranged between -0.01% (Porto Alegre) and -0.40% (Belém), as shown in the table below:

To calculate IPCA-15, prices collected from June 15 to July 13 were compared to those in effect from May 14 to June 14. The indicator refers to families with monthly income ranging from one to 40 minimum wages and encompasses the metropolitan areas of Rio de Janeiro, Porto Alegre, Belo Horizonte, Recife, São Paulo, Belém, Fortaleza, Salvador and Curitiba, besides Brasília and Goiânia. The methodology is the same as that used for IPCA; the difference lies in the period of price collection.

The Extended Consumer Price Index -15 (IPCA-15) had a change of -0.09% in July, a lower rate than in June (0.19%). Due to this result, the change accumulated in the year was 3.26%, above the figure relative to the same period in the previous year. In the last twelve months, the index was 4.74%, that is, below the index of the immediately previous twelve months (5.06%).
In July 2009 the rate had been

0.22%.

The rate of -0.09% recorded by the IPCA-15 of July was severely influenced by food products, which became 0.80% cheaper than in June. This decrease led to contribution of -0.18 percentage points to the result of the current month. Prices of food products fell in all the areas surveyed: from -0.47% (Porto Alegre) to -1.31% (Goiânia). In June, the group food products and beverages recorded change of 0.42%.

Among food products recording fall of prices from one month to the other, the highlights were: potatoes (-16.48%), tomatoes (-14.94%), onions (-13.08%), carrots (-10.32%), crystallized sugar (-7.47%) and refined sugar (-5.27%), besides pasteurized milk (-4.49%). The item "meals out of home" rose 0.95% in July and represented the main contribution to the overall index this month: 0.04 percentage points. The smallest contributions came from potatoes and pasteurized milk, both with -0.05 percentage points.

As for non-food products, there was rise of 0.12%, significantly below the 0.37% of June. There was decrease (-0.36%) in the group transportation, which represented –0.07% percentage points in the overall monthly index. The price of cars fell in July, considering both new (-1.16%) and used ones (-2.22%), as well as the liter of fuel alcohol (-3.15%) and gasoline (-0.53%).

In the group Transportation, fares of urban buses (-0.18%) also fell. Bus fares charged in Belém have been reduced since July 9th, when the previous fare of R$1.70 replaced that charged from June 29 and July 08. Airline fares, on the other hand, have risen 9.16% this month.

Apparel

(-0.15%) also faced fall of prices, due to a period of sales in shops.

The following table shows the changes in the IPCA-15 per group.