IPCA-15 is 0.21% in October
October 26, 2023 09h00 AM | Last Updated: October 31, 2023 10h11 AM
The Extended National Consumer Price Index-15 (IPCA-15) was 0.21% in October, 0.14 percentage points (pp) below the September´s rate (0.35%). In the year, the IPCA-15 accumulates a rise of 3.96% and, in 12 months, of 5.05%, above the rate of 5.00% registered in the 12 immediately previous months. The rate had been 0.16% in October 2022.
| Period | Rate |
|---|---|
| October 2023 | 0.21% |
| September 2023 | 0.35% |
| October 2022 | 0.16% |
| Cumulative in the year | 3.96% |
| Cumulative in the last 12 months | 5.05% |
Seven out of nine groups surveyed rose in October. The highest change (0.78%) and the biggest impact (0.16 pp) came from Transportation for the second month in a row. The groups of Health and personal care (0.28%) and Housing (0.26%) also rose and contributed with 0.04 pp each.
On the dropping side, the prices of Food and beverages (-0.31% and -0.07 p.p.) dropped by the fifth consecutive month. The other groups stood between the drop in Communication (-0.29%) and the rise in Personal expenses (0.31%).
| Group | Change (%) | Impact (p.p.) | ||
|---|---|---|---|---|
| September | October | September | October | |
| Overall Index | 0.35 | 0.21 | 0.35 | 0.21 |
| Food and beverages | -0.77 | -0.31 | -0.16 | -0.07 |
| Housing | 0.30 | 0.26 | 0.05 | 0.04 |
| Household articles | -0.47 | 0.05 | -0.02 | 0.00 |
| Wearing apparel | 0.41 | 0.33 | 0.02 | 0.02 |
| Transportation | 2.02 | 0.78 | 0.41 | 0.16 |
| Health and personal care | 0.17 | 0.28 | 0.02 | 0.04 |
| Personal expenses | 0.35 | 0.31 | 0.04 | 0.03 |
| Education | 0.05 | 0.07 | 0.00 | 0.00 |
| Communication | -0.15 | -0.29 | -0.01 | -0.01 |
The drop in the group of Food and beverages (-0.31%) was influenced by food at home (-0.52%), which decelerated over the previous month (-1.25%). The drops in long-life milk (-6.44%), carioca beans (-5.31%), hen eggs (-5.04%) and meat (-0.44%) stood out. On the rising side, rice (3.41%) and fruits (0.71%) increased their prices.
Food away from home (0.21%) decelerated in relation to the previous month (0.46%). The rise in meals (0.22%) was less intense than that in the previous month (0.35%) and snacks (-0.11%) dropped its prices after rising 0.74% in September
In the group of Transportation (0.78%), the sub-item airfare rose 23.75% and exerted the biggest individual impact on the month´s index (0.16 pp). Ride-hailing apps (5.64%) and car licensing (1.64%) rose as well.
Concerning fuels (-0.44%), gasoline (-0.56%), ethanol (-0.27%) and vehicular gas (-0.27%) dropped, whereas diesel fuel rose (1.55%). The rise in taxi (0.31%) was due to the adjustment of 20.00% in Porto Alegre (3.59%) since October 9.
In Housing (0.26%), the rises in bottled gas (1.24%) and residential rent (0.29%) stood out. Water and sewage fees (0.27%) rose, due to the adjustment of 6.75% in Salvador (4.42%) since September 25. In contrast, residential electricity dropped 0.07% in October.
In Health and personal care (0.28%), the sub-item health insurance plans rose 0.77% in October. The items of personal hygiene rose (0.05%), influenced by the rises in sub-items perfume (1.24%) and hair products (0.45%).
As for the regional indexes, eight areas increased in October. The highest change was recorded in Goiânia (0.63%), due to the rise in airfare (30.33%) and gasoline (1.86%). On the other hand, the lowest change occurred in Fortaleza (-0.28%), whose result was influenced by the drop in the prices of gasoline (-9.32%).
| Area | Regional Weight (%) | Monthly Change (%) | Cumulative Change (%) | ||
|---|---|---|---|---|---|
| September | October | Year | 12 months | ||
| Goiânia | 4.96 | 0.14 | 0.63 | 3.07 | 4.67 |
| Salvador | 7.19 | -0.03 | 0.40 | 3.89 | 4.88 |
| Brasília | 4.84 | 0.87 | 0.30 | 4.23 | 5.88 |
| Porto Alegre | 8.61 | 0.13 | 0.27 | 4.27 | 5.50 |
| Rio de Janeiro | 9.77 | 0.18 | 0.26 | 2.81 | 3.67 |
| Belo Horizonte | 10.04 | 0.32 | 0.21 | 4.16 | 5.34 |
| São Paulo | 33.45 | 0.39 | 0.21 | 4.11 | 5.16 |
| Curitiba | 8.09 | 0.49 | 0.20 | 4.54 | 5.36 |
| Recife | 4.71 | 0.23 | -0.06 | 3.84 | 5.12 |
| Belém | 4.46 | 1.00 | -0.07 | 4.47 | 5.41 |
| Fortaleza | 3.88 | 0.50 | -0.28 | 3.87 | 4.85 |
| Brazil | 100.00 | 0.35 | 0.21 | 3.96 | 5.05 |
In order to estimate the IPCA-15, the prices collected from September 15 to October 13 (reference) were compared with those in force from August 15 to September 14 (base). The indicator refers to households with monthly income of 1 to 40 minimum wages and it encompasses the metropolitan areas of Rio de Janeiro, Porto Alegre, Belo Horizonte, Recife, São Paulo, Belém, Fortaleza, Salvador and Curitiba, besides Brasília and the municipality of Goiânia. The methodology is the same as the one used for the IPCA; the difference lies in the period of price collection and in the geographic coverage.
