Consumer inflation in Sao Paulo slows in the second reading of May, reports FIPE

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The Consumer Price Index, which measures inflation in the city of Sao Paulo, rose 0.30% in the second reading of May, according to data published by the Foundation for Economic Research (FIPR). This was against the first reading of May of 0.58%. Continue reading “Consumer inflation in Sao Paulo slows in the second reading of May, reports FIPE”

Consumer inflation increased in the second measure of May due to higher electricy bills says FGV

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Inflation, as measured by the weekly Consumer Price Index (CPI-S), had a slight uptick from 0.26% to 0.30%, in the first to the second reading of May, according to the Getulio Vargas Foundation (FGV). Continue reading “Consumer inflation increased in the second measure of May due to higher electricy bills says FGV”

Economists expect inflation to dip below 4.0% in 2017, while forecast GDP increases to 0.50% – Focus Report

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Economists surveyed by the Central Bank of Brazil cut inflation forecasts below 4% for the first time this year. Continue reading “Economists expect inflation to dip below 4.0% in 2017, while forecast GDP increases to 0.50% – Focus Report”

Consumer inflation in Sao Paulo rises in the third reading of April, pressured by food and housing

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The Consumer Price Index (CPI), which measures inflation in the City of Sao Paulo, increased by 0.43% in the first reading of April, strengthening after the 0.31% recorded in the first month of April, according to data published by the Economic Research Institute Foundation (FIPE).

The cost of living in five of the seven components of the FIPE-CPI increased sharply in relation to the first reading of the month.

Housing increased (from 0.32% in the first reading of April to 0.48% in the second reading), food increased (from 0.84% to 1.07%), personal expenses were up (from 0.23% to  0.28%), health climbed (from 0.87% to 1.18%) and, finally, education moved up (from 0.06% to 0.11%).

On the other hand, clothing fell 0.11% in the second reading of the month, reversing the high of 0.05% in the previous reading. Transportation cost also fell in the second reading of the month.Below are the components of the FIPE CPI with results for the first reading of April.

Housing: 0.48%

Food: 1.07%

Transport: -0.61%

Personal Expenses: 0.28%

Health: 1.18%

Clothing: -0.11%

Education: 0.11%

General Index: 0.43%

The IPC-Fipe measures inflation for families with incomes up to ten minimum wages living in the city of São Paulo.

Inflation to end the year at 4.04% in Brazil – Focus Report

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Brazilian financial analysts surveyed by the Central Bank of Brazil reduced their expectations for the Broad Consumer Price Index in 2017. Continue reading “Inflation to end the year at 4.04% in Brazil – Focus Report”

Consumer inflation falls to 0.31% in the third reading of April against 0.44% in the previous measure, says FGV

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The inflation print measured by the Weekly Consumer Price Index (IPC-S) fell to 0.31% in the third reading of April, from 0.44% in the second measurement of the month, according to Getulio Foundation Vargas (FGV). Continue reading “Consumer inflation falls to 0.31% in the third reading of April against 0.44% in the previous measure, says FGV”

Brazilian inflation preview falls to its lowest level since 2006

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The cost of living in Brazil as measured by the Extended National Consumer Price Index-15 (IPCA-15), increased 0.21% this month, up 0.15% from March, but well below the 0.51% recorded in April 2016, according to the Brazilian Institute of Geography and Statistics (IBGE). Continue reading “Brazilian inflation preview falls to its lowest level since 2006”