FGV General Price Inflation index (IPC-S) hits 0.49% in the second week of April

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The General Consumer Price Index (locally known as the IPC-S) reported by the FGV was at 0.49%, 0.02 percentage points above the last disclosure. 

The following groups increased: education, reading and recreation (from -0.11% to 0.10%), health and personal care (increasing 0.71% to 0.79%) and communication (up from -0.95% to -0.65%). On the other hand, the following groups were lower: housing (down from 1.10% to 0.78%), transport (falling from -0.30% to -0.39%), clothing (dropping 0.11% to -0.20%) and miscellaneous expenses (a fall from 0.90% to 0.77%).

Within the calculation, four of the eight classes measured increased – the largest contribution coming from the food category (from 0.71% to 1.03%). Within food, the item of vegetables was a highlight, increasing from 5.45% to 11.44%.

The IPC-S is calculated in seven Brazilian capitals: São Paulo, Rio de Janeiro, Belo Horizonte, Recife, Salvador, Porto Alegre and Brasília.

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