IPCA-15 is 0.21% in April
April 26, 2024 09h00 AM | Last Updated: April 26, 2024 03h23 PM
The Extended National Consumer Price Index 15 (IPCA-15) was 0.21% in April, standing 0.15 percentage points (pp) below the March´s rate (0.36%). In the last 12 months, IPCA-15 changed 3.77%, below the rate of 4.14% recorded in the immediately previous 12 months. In April 2023, the IPCA-15 had been 0.57%.
| Period | Rate |
|---|---|
| April 2024 | 0.21% |
| March 2024 | 0.36% |
| April 2023 | 0.57% |
| Cumulative in the year | 1.67% |
| Cumulative in the last 12 months | 3.77% |
Of the nine groups of products and services surveyed, only Transportation (-0.49%) dropped in April. The biggest impact (0.13 pp) came from Food and beverages (0.61%), followed by Health and personal care (0.78% and 0.10 pp). The other groups stood between the rate of 0.03% of Household articles and the 0.41% of Wearing apparel.
| Group | Change (%) | Impact (pp) | ||
|---|---|---|---|---|
| March | April | March | April | |
| Overall Index | 0.36 | 0.21 | 0.36 | 0.21 |
| Food and beverages | 0.91 | 0.61 | 0.19 | 0.13 |
| Housing | 0.19 | 0.07 | 0.03 | 0.01 |
| Household articles | -0.58 | 0.03 | -0.02 | 0 |
| Wearing apparel | -0.22 | 0.41 | -0.01 | 0.02 |
| Transportation | 0.43 | -0.49 | 0.09 | -0.1 |
| Health and personal care | 0.61 | 0.78 | 0.08 | 0.1 |
| Personal expenses | -0.07 | 0.4 | -0.01 | 0.04 |
| Education | 0.14 | 0.05 | 0.01 | 0 |
| Communication | -0.04 | 0.17 | 0 | 0.01 |
| Source: IBGE, Directorate of Surveys, Coordination of Price Indexes, National System of Consumer Price Indexes. | ||||
In the group of Food and beverages (0.61%), food at home rose 0.74% in April. The rises in tomatoes (17.87%), garlic (11.60%), onions (11.31%), fruits (2.59%) and long-life milk (1.96%) contributed to this result. On the dropping side, potatoes (-8.72%) and meat (-1.43%) stood out.
Food away from home (0.25%) decelerated in relation to March (0.59%), due to a less intense rise in meals (from 0.76% in March to 0.07% in April). Snacks (0.47%) registered a higher change than in the previous month (0.19%).
In Health and personal care (0.78%), the biggest contribution (0.05 pp) came from pharmaceuticals (1.36%), after the adjustment of up to 4.50% in the prices of medicines on March 31. In addition, health insurance (0.77%) still encompasses monthly shares of price adjustments for new and existing contracts for the cycle between 2023 and 2024.
In the group of Housing (0.07%), the rise in water and sewage fees (0.05%) was influenced by the adjustment of 1.95% in Goiânia (0.90%) on April 1st. Residential electricity (-0.07%) was adjusted by 3.84% on March 15 and by 2.76% on March 19, applied to two concessionaires surveyed in Rio de Janeiro (2.34%).
In the group of Transportation (-0.49%), airfare dropped (-12.20% and -0.09 pp). As for fuels (-0.03%), only ethanol rose (0.87%), whereas vehicular gas (-0.97%), diesel fuel (-0.43%) and gasoline (-0.11%) recorded a drop in their prices.
Also in Transportation, the change in urban bus (-0.05%) was influenced by the unification of fares in Recife (-0.73%) on March 3. In intercity bus (0.44%), price adjustments were effected in Rio de Janeiro (2.83%) on February 24. The rise in the sub-item subway (0.39%) was due to the adjustment of 8.69% in the fare on April 12 in Rio de Janeiro (1.16%).
As for the regional indexes, nine areas rose in April. The biggest change was recorded in Recife (0.57%), due to the rises in tomatoes (27.79%) and gasoline (5.13%). The lowest result was that of Fortaleza (-0.02%), which recorded a drop in the prices of airfare (-17.10%) and gasoline (-4.80%).
| Region | Regional Weight (%) | Monthly Change (%) | Cumulative Change (%) | ||
|---|---|---|---|---|---|
| March | April | Year | 12 months | ||
| Recife | 4.71 | 0.46 | 0.57 | 2.19 | 3.52 |
| Belém | 4.46 | 0.74 | 0.33 | 2.47 | 4.44 |
| Salvador | 7.19 | 0.23 | 0.31 | 1.81 | 3.55 |
| Rio de Janeiro | 9.77 | 0.35 | 0.31 | 1.84 | 3.63 |
| Brasília | 4.84 | 0.40 | 0.23 | 0.81 | 3.83 |
| Curitiba | 8.09 | 0.46 | 0.23 | 1.51 | 3.31 |
| São Paulo | 33.45 | 0.31 | 0.22 | 1.56 | 3.93 |
| Belo Horizonte | 10.04 | 0.42 | 0.14 | 2.48 | 4.82 |
| Goiânia | 4.96 | 0.14 | 0.08 | 1.54 | 2.99 |
| Porto Alegre | 8.61 | 0.32 | -0.01 | 0.84 | 2.85 |
| Fortaleza | 3.88 | 0.48 | -0.02 | 1.92 | 4.31 |
| Brazil | 100.00 | 0.36 | 0.21 | 1.67 | 3.77 |
| Source: IBGE, Directorate of Surveys, Coordination of Price Indexes, National System of Consumer Price Indexes. | |||||
In order to estimate the IPCA-15, the prices collected from March 15 to April 15, 2024 (reference) were compared with the ones in force from February 16 to March 14, 2024 (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, 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.
