IPCA stays at 1.26% in June
July 06, 2018 09h00 AM | Last Updated: July 12, 2018 10h56 AM
The Extended National Consumer Price Index - IPCA stayed at 1.26% in June, the highest rate for June since 1995 (2.26%) and 0.86 percentage points (p.p.) above the rate of 0.40% registered in May. This was the first time that the index stood above 1.00% since January 2016 (1.27%).
Period | Rate |
---|---|
June 2018 | 1.26% |
May 2018 | 0.40% |
June 2017 | -0.23% |
Cumulative in the year | 2.60% |
Cumulative in 12 months | 4.39% |
The cumulative index in the year (2.60%) stayed above that recorded in the same period last year (1.18%). The cumulative rate over the last 12 months rose to 4.39%, whereas it had posted 2.86% in the 12 immediately previous months. The rate hit -0.23% in June 2017. The support material of the IPCA is on the right side of this page.
Among the nine groups of products and services surveyed, only Wearing apparel (-0.16%) registered a deflation in June, whereas the other varied between 0.00% (Communication) and 2.48% (Housing). Concentrating about 60% of the household expenditures, the groups of Food and beverages (2.03%), Housing (2.48%) and Transportation (1.58%) were those that mostly influenced the June IPCA, impacting 1.18 p.p. or nearly 93% of the index.
IPCA - Change and Impact by Group - Monthly | ||||
---|---|---|---|---|
Group | Change (%) | Impact (p.p.) | ||
May | June | May | June | |
Overall Index | 0.40 | 1.26 | 0.40 | 1.26 |
Food and Beverages | 0.32 | 2.03 | 0.08 | 0.50 |
Housing | 0.83 | 2.48 | 0.13 | 0.39 |
Household Articles | -0.06 | 0.34 | 0.00 | 0.01 |
Wearing Apparel | 0.58 | -0.16 | 0.03 | -0.01 |
Transportation | 0.40 | 1.58 | 0.07 | 0.29 |
Health and Personal Care | 0.57 | 0.37 | 0.07 | 0.04 |
Personal Expenses | 0.11 | 0.33 | 0.01 | 0.04 |
Education | 0.06 | 0.02 | 0.00 | 0.00 |
Communication | 0.16 | 0.00 | 0.01 | 0.00 |
Source: IBGE. Diretoria de Pesquisas. Coordenação de Índices de Preços |
Food and beverages strongly accelerated between May (0.32%) and June (2.03%), varying from 0.81% in the metropolitan area of Belém and 2.87% in Curitiba. That group did not record rates above 2.00% since January 2016 (2.28%) and, for June, since 2008 (2.11%). The rise in June was a result of the truckers strike that took place in the end of May, which also impacted on the group of Transportation (1.58%).
The group of food for consumption at home increased 3.09% after changing 0.36% in May. The major rises were in potatoes (from 17.51% in May to 17.16% in June), long-life milk (from 2.65% in May to 15.63% in June), whole chicken (from -0.99% in May to 8.02% in June) and meat (from -0.38% in May to 4.60% in June).
In the group of Housing (2.48%), the highlight was electricity, which rose 7.93%, virtually twice the rate of 3.53% in May, and the biggest individual impact this month (0.29 p.p.). As of June 1st, the red tariff flag level 2 was in force, which added R$0.05 to each kWh consumed. In addition, the following areas surveyed suffered adjustments in the electricity fare:
IPCA - Electricity | |||
---|---|---|---|
Area | Change (%) | Adjustment (%) | In force since: |
Curitiba | 9.37 | 15.06 | June 24 |
Brasília | 8.60 | 8.78 | June 22 |
Porto Alegre | 7.86 | 21.51 | June 19 |
Belo Horizonte | 21.78 | 18.53 | May 28 |
Source: IBGE. Diretoria de Pesquisas. Coordenação de Índices de Preços |
Piped gas increased 2.37% due to the adjustment of 1.87% in the fares in Rio de Janeiro (0.17%), in force since May 1st, and of 3.35% in the fares of São Paulo (6.13%), in force since May 31. Having risen 4.08% and impacted 0.05 p.p., bottled gas varied between -0.14% in the metropolitan area of Fortaleza and 12.58% in Campo Grande. The rise of 1.10% in the rate of water and sewage also stood out, influenced by the adjustments in Curitiba (5.12%), Salvador (4.09%), São Paulo (3.50%) and Recife (2.78%).
In Transportation (1.58%), gasoline (5.00% and 0.22 p.p.) and ethanol (4.22% and 0.04 p.p.) contributed with about 21% of the IPCA in June. The drops of 5.66% in diesel fuel and of 2.05% in airfare did not exert a significant impact on the index. Altogether, the two items influenced -0.02 p.p.
IPCA - Gasolien, Ethanol and Diesel Fuel | |||
---|---|---|---|
Area | Monthly change (%) | ||
Gasoline | Ethanol | Diesel Fuel | |
Goiânia | 7.64 | 14.57 | -5.21 |
Curitiba | 7.13 | 7.47 | -6.66 |
Rio de Janeiro | 7.07 | 3.10 | - |
Belo Horizonte | 6.66 | 6.23 | -2.42 |
Recife | 6.53 | 8.36 | - |
São Luís | 5.96 | 2.03 | 3.24 |
Porto Alegre | 5.56 | 1.69 | -5.88 |
Campo Grande | 5.55 | 1.34 | -3.91 |
Fortaleza | 4.24 | 2.70 | -4.86 |
Brasília | 4.20 | 1.84 | - |
São Paulo | 3.67 | 3.63 | -9.12 |
Vitória | 3.60 | 1.49 | -9.29 |
Aracaju | 2.81 | 3.66 | - |
Belém | 1.60 | - | -4.46 |
Rio Branco | 1.36 | -0.06 | -4.94 |
Salvador | -0.14 | -0.45 | -7.51 |
Brazil | 5.00 | 4.22 | -5.66 |
Source: IBGE. Diretoria de Pesquisas. Coordenação de Índices de Preços |
Still in Transportation, the change of 0.42% in urban bus was due to the adjustment of 9.72% in the fare in Rio de Janeiro (2.22%), in force since June 21. In Porto Alegre (5.64%), intercity bus rose 0.66%, due to the average adjustment of 8.94% in the fare, in force since June 17. In São Paulo (0.50%), the adjustment was of 4.50%, in force since June 18.
The highest index was registered in the metropolitan area of Belo Horizonte (1.86%). Electricity changed 21.78% in that region, due to the adjustment of 18.53% in the fare, in force since May 28, coupled with the additional charge of R$0.05 for each kWh consumed, in force with the red tariff flag level 2 since June. The rises of 6.66% in gasoline and of 23.50% in long-life milk also stood out. The lowest index was recorded in the metropolitan area of Belém (0.69%), due to the drops in fish and related items (-4.18%) and meals away from home (-1.45%).
IPCA - Monthly, yearly and 12-month change by area | |||||
---|---|---|---|---|---|
Area | Regional Weight (%) | Change (%) | Cumulative Change (%) | ||
May | June | Year | 12 months | ||
Belo Horizonte | 10.86 | 0.18 | 1.86 | 3.21 | 4.69 |
Curitiba | 7.79 | 0.44 | 1.56 | 2.56 | 4.74 |
Recife | 4.20 | 0.75 | 1.47 | 2.55 | 3.61 |
Porto Alegre | 8.40 | 0.75 | 1.43 | 3.50 | 4.97 |
Aracaju | 0.79 | 0.37 | 1.31 | 1.69 | 1.69 |
São Luís | 1.87 | 0.89 | 1.30 | 2.20 | 2.20 |
Vitória | 1.78 | 0.64 | 1.29 | 2.72 | 3.99 |
Goiânia | 3.59 | 0.53 | 1.25 | 1.74 | 5.19 |
Rio de Janeiro | 12.06 | 0.28 | 1.20 | 3.08 | 4.13 |
Brasília | 2.80 | 0.15 | 1.20 | 1.81 | 4.36 |
Fortaleza | 2.91 | 0.34 | 1.15 | 2.37 | 3.15 |
São Paulo | 30.67 | 0.19 | 1.11 | 2.14 | 4.78 |
Campo Grande | 1.51 | 1.02 | 0.87 | 2.60 | 3.90 |
Salvador | 6.12 | 1.11 | 0.86 | 2.97 | 3.82 |
Rio Branco | 0.42 | 0.40 | 0.77 | 1.17 | 1.17 |
Belém | 4.23 | 0.28 | 0.69 | 2.01 | 2.43 |
Brazil | 100.00 | 0.40 | 1.26 | 2.60 | 4.39 |
Source: IBGE. Diretoria de Pesquisas. Coordenação de Índices de Preços |
The IPCA has been calculated by IBGE since 1980. It refers to households with monthly income of 1 to 40 minimum wages, whatever the source. It encompasses ten metropolitan areas in Brazil, besides Brasília and the municipalities of Goiânia, Campo Grande, Rio Branco, São Luís and Aracaju.
INPC rises 1.43% in June
The National Consumer Price Index - INPC changed 1.43% in June, the highest rise for June since 1995 (2.18%), standing 1,00 p.p. above the rate of 0.43% of May. This was the first time that the index stood above 1.00% since January 2016 (1.51%). The cumulative index in the year stayed at 2.57%, above the rate of 1.12% registered in the same period last year. The index stayed at 3.53% in the last 12 months, well above the rate of 1.76% of the immediately previous 12 months. The rate hit -0.30% in June 2017.
Food products rose 2.24% in June, while the rise was of 0.29% in the previous month. Non-food products increased 1.08%, while they changed 0.49% in May.
The highest index was registered in the metropolitan area of Belo Horizonte (2.12%). Electricity changed 21.70% in that region, due to the adjustment of 18.53% in the fare, in force since May 28, coupled with the additional charge of R$0.05 for each kWh consumed, in force with the red tariff flag level 2 since June. The rises of 6.66% in gasoline and of 23.50% in long-life milk also stood out. The lowest index was recorded in the metropolitan area of Belém (0.71%), due to the drops in fish and related items (-4.46%) and meals away from home (-1.45%).
INPC - Monthly, yearly and 12-month change by area | |||||
---|---|---|---|---|---|
Area | Regional Weight (%) | Monthly change (%) | Cumulative change (%) | ||
May | June | Year | 12 months | ||
Belo Horizonte | 10.60 | 0.13 | 2.12 | 3.08 | 3.86 |
Curitiba | 7.29 | 0.61 | 1.84 | 2.73 | 4.51 |
Porto Alegre | 7.38 | 0.84 | 1.69 | 3.75 | 4.88 |
Rio de Janeiro | 9.51 | 0.29 | 1.65 | 3.48 | 2.98 |
Vitória | 1.83 | 0.64 | 1.58 | 2.93 | 3.45 |
Recife | 5.88 | 0.63 | 1.43 | 2.10 | 2.56 |
Brasília | 1.88 | 0.18 | 1.43 | 2.06 | 3.29 |
São Luís | 3.11 | 0.81 | 1.33 | 2.15 | 2.15 |
São Paulo | 24.24 | 0.24 | 1.32 | 2.19 | 4.05 |
Aracaju | 1.29 | 0.20 | 1.32 | 1.52 | 1.52 |
Fortaleza | 5.42 | 0.15 | 1.21 | 2.12 | 2.57 |
Campo Grande | 1.64 | 1.12 | 1.17 | 2.44 | 2.89 |
Goiânia | 4.15 | 0.57 | 1.16 | 1.31 | 4.33 |
Salvador | 8.75 | 0.98 | 1.00 | 2.61 | 2.96 |
Rio Branco | 0.59 | 0.44 | 0.84 | 1.28 | 1.28 |
Belém | 6.44 | 0.15 | 0.71 | 1.93 | 1.80 |
Brazil | 100.00 | 0.43 | 1.43 | 2.57 | 3.53 |
Source: IBGE. Diretoria de Pesquisas. Coordenação de Índices de Preços |
The INPC has been calculated by IBGE since 1979. It refers to households with monthly income of 1 to 5 minimum wages, with a salaried head of the household. It encompasses ten metropolitan areas in Brazil, besides Brasília and the municipalities of Goiânia, Campo Grande, Rio Branco, São Luís and Aracaju.