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IPCA-15 hits 0.26% in June

June 26, 2025 09h00 AM | Last Updated: June 27, 2025 12h17 AM

The Extended National Consumer Price Index 15 (IPCA-15) rose 0.26% in June, being 0.10 percentage points (p.p.) below the rate of May (0.36%). The IPCA-E, cumulative IPCA-15 in the quarter, was 1.05%, close to the rate of 1.04% recorded in the same period in 2024. In the last twelve months, the cumulative IPCA-15 recorded an increase of 5.27%, below the 5.40% observed in the immediately previous 12 months. In June 2024, the IPCA-15 was 0.39%.

Period Rate
June 2025 0.26%
May 2025 0.36%
June 2024 0.39%
Cumulative in the year 3.06%
Cumulative in 12 months  5.27%

Of the nine groups of products and services surveyed, seven rose in June. The biggest change and the greatest impact came from Housing (1.08% and 0.16 p.p.), followed by Wearing apparel, with 0.51%. Food and beverages, after nine consecutive months of increase, fell by 0.02%, as did Education. The other groups ranged from 0.02% for Communication to 0.29% for Health and personal care.

Group Monthly Change (%) Impact
(p.p.)
Cumulative Change (%)
April May June June Quarter 12 months
General index 0.43 0.36 0.26 0.26 1.05 5.27
Food and beverages 1.14 0.39 -0.02 0.00 1.51 6.94
Housing 0.09 0.67 1.08 0.16 1.85 4.85
Household articles 0.37 -0.07 0.11 0.01 0.41 2.67
Wearing apparel 0.76 0.92 0.51 0.02 2.21 4.17
Transportation -0.44 -0.29 0.06 0.01 -0.67 4.59
Health and personal care 0.96 0.91 0.29 0.04 2.17 5.34
Personal expenses 0.53 0.50 0.19 0.02 1.22 5.83
Education 0.06 0.09 -0.02 0.00 0.13 6.22
Communication 0.52 0.27 0.02 0.00 0.81 2.08
Source: IBGE, Diretoria de Pesquisas, Coordenação de Índices de Preços, Sistema  Nacional de Índices de Preços ao Consumidor.    

In Housing (1.08%), residential electricity stands out (3.29% and 0.13 p.p.), accounting for the main individual impact on the index. In June, the red tariff flag level 1 came into effect, with an additional charge of R$4.46 for every 100 kWh consumed. In addition, the following tariff adjustments were made: 7.36% in Belo Horizonte (6.82%), starting on May 28; 3.33% in Recife (4.58%), starting on April 29; 2.07% in Salvador (2.30%), starting on April 22; and a 1.68% reduction in the tariff in Fortaleza (3.53%), starting on April 22.

Also in Housing, the water and sewage rate (0.94%) encompasses the following adjustments: 9.88% in Brasília (4.43%), starting June 1; 3.83% in Curitiba (3.70%), starting May 17; 9.98% in Recife (3.33%), starting April 26 and 6.58% in one of the concessionaires in Porto Alegre (1.95%), starting May 4. Piped gas (0.13%) had an average adjustment of 0.77% in Rio de Janeiro (0.39%), in effect since May 1.

In Wearing apparel (0.51%), the increases in women's apparel (0.66%) and footwear and accessories (0.49%) stand out.

The result of Health and personal care (0.29%) this month was influenced by health insurance (0.57%).

Transportation (0.06%) reflects the free subway (1.22%) fares granted on Sundays and holidays, in Brasília (21.54%), and on the urban bus (1.39%), in Brasília (21.54%) and Belém (11.52%), in addition to the reduction in fares on Sundays and holidays in Curitiba (5.08%), after the drop recorded in May. Additionally, taxi fares (0.21%) include the average 8.71% increase in fares in Belo Horizonte (2.08%), starting June 7.

Also in Transportation, fuels fell 0.69% in June (compared to an increase of 0.11% in May), with drops in the prices of diesel (-1.74%), ethanol (-1.66%), gasoline (-0.52%) and vehicle gas (-0.33%).

In Food and beverages (-0.02% and 0.00 p.p.), food at home fell by 0.24% in June, against an increase of 0.30% in May. This result was driven by the declines in tomatoes (-7.24%), chicken eggs (-6.95%), rice (-3.44%) and fruits (-2.47%). On the rise, onions (9.54%) and ground coffee (2.86%) stood out.

 Food away from home (0.55%) decelerated from May (0.63%), due to the slowdown in snacks (from 0.84% ​​in May to 0.32% in June). On the other hand, meals fell from 0.49% in May to 0.60% in June.

In May, IPCA-15 rose in 9 of the 11 areas

By area, the biggest change was recorded in Recife (0.66%), due to increases in residential electricity (4.58%) and gasoline (3.44%). The lowest result was that of Porto Alegre (-0.10%), which saw a drop in the prices of tomato (-10.04%) and gasoline (-2.87%).

Area Regional Weight (%) Monthly Chnage  (%)  Cumulative
Change (%) 
April May June Quarter 12 months
Recife 4.71 0.34 0.22 0.66 1.22 4.65
Brasília 4.84 -0.02 0.26 0.65 0.89 5.59
Curitiba 8.09 0.51 0.18 0.46 1.15 5.53
Fortaleza 3.88 0,34 0.66 0.44 1.45 5.32
Salvador 7.19 0.27 0.20 0.42 0.89 4.86
Belém 4.46 0.33 0.65 0.35 1.34 5,44
Belo Horizonte 10.04 0.36 0.42 0.25 1.03 5.48
Goiânia 4.96 -0.13 0.79 0.21 0.87 5.57
São Paulo 33.45 0.56 0.28 0.19 1.03 5.40
Rio de Janeiro 9.77 0.37 0.24 0.00 0.61 4.87
Porto Alegre 8.61 0.88 0.063 -0.10 1.41 4.76
Brazil 100.00 0.43 0.36 0.26 1.05 5.27
Source: IBGE, Diretoria de Pesquisas, Coordenação de Índices de Preços, Sistema Nacional de Índices de Preços ao Consumidor.    

To calculate IPCA-15, prices were collected from May 16 to June 13, 2025 (reference) and compared with those in effect from April 15 to May 15, 2025 (base).

The indicator refers to families with incomes of 1 to 40 minimum wages and covers the metropolitan areas of Rio de Janeiro, Porto Alegre, Belo Horizonte, Recife, São Paulo, Belém, Fortaleza, Salvador and Curitiba, as well as Brasília and the municipality of Goiânia. The methodology used is the same as of the IPCA, the difference lies in the data collection period and in geographic coverage.