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IPCA-15 of June stays at 0.38% and IPCA-E at 1.36%

June 21, 2013 09h00 AM | Last Updated: March 28, 2018 05h46 PM

 The Extended National Consumer Price Index-15 (IPCA) changed 0,38% in June and stood below the IPCA-15 of May, which was 0.46%.  As a result, the change of IPCA-E (cumulative of IPCA-15) was at 1,36%, above the same quarter of 2012 (1.12%) and closed the first semester of 2013 at 3.45%, quite above the 2.58% rate relative to the same period of 2012. Considering the last 12 months, the index went to 6.67%, above the 6.46% recorded over the 12 months prior to that period. In July of 2012 the rate was at 0.18%.

Medicines and food products were the main items accounting for the deceleration of IPCA-15 from May to June.  With 0.65%, after having risen 2.94% in May, medicines, reflected the adjustment in effect since April 4 and registered a hike of 4.85% in the first semester of the year. Affected by these items, Health and Personal Care fell from 1.30% to 0.72%. Even with strong deceleration, the group Health was the one to record the highest result in the month, together with Apparel, with 0.72%. In terms of food products, the rise of prices in June was 0.27% versus 0.47% in May, and the semester closed at 6.49%.  See below the table with the results of groups of products and services surveyed.

In order to measure the index of the month, the prices collected from May 15 to June 13 (reference) were compared with the ones in effect from April 13 to May 14 (base). The indicator refers to families with income ranging from 1 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 used is the same as that of IPCA. The difference lies in the period of price collection.

In the group Food products and beverages, most of the items had their price reduced from May to June, and the main highlights were: açaí (-12.34%), onions (-6.01%), tomatoes (-5.02%), soybean oil (-3.69%), whole chicken (-3.45%), cassava flour (-3.41%), leafy vegetables (-3.35%) and fish and related items (-2.70%).

Gasoline (-0.93% in June versus -0.36% in May) and ethanol (-4.40% versus an increase of 0.38% in May) registered the most significant impacts, with -0.04 percentage points each. Even so, the change of Transportation went from -0.03% in May to 0.10% in June. That occurred mainly due to urban bus fares which, as the leader of impacts in June, with 0.05 percentage points, rose 1.83%, after the fall of -0.43%. Besides, there was pressure in the rise of airfares (from -3.41% in May to 6.68% in June) and in the fares of intercity buses (from zero to 0.81%).

Other items contributed to the deceleration of IPCA-15 from May to June, hav ing risen little from one month to the other.  That is the case of domestic workers (from 0.76% to 0.50%), manpower for small repairs (from 1.93% to 0.36%) and cleaning products (from 1.27% to 0.21%).

On the other hand, there was rise among items which also exert significant influence on the budget, with highlight to furniture (from 0.27% in May to 1.25% in June), water and sewage rates (from 0.90% to 1.21%), articles of personal hygiene (from 0.36% to 1.11%), TV, sound and computer (from -0.92% to 0.71%) and repair (from -0.45% to 0.75%).

Among the regional indexes, the highest was that of Rio de Janeiro (0.72%), under the influence of urban bus fares, whose change was 3.27%, due to the readjustment of 7.20% gone into effect after June 1st.  The lowest index was that of Belém, which recorded decrease of 0.25% and where food products also recorded decrease (-1.18%).  See below the table of results by area: