official inflation slows in June, accumulates high of more 8,84% in 12 months

The figures were disclosed on Friday (8), by IBGE.
08/07/2016 09h38 - Updated 8/07/2016 09h44
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Official inflation in the country, measured by the National Index of Consumer Prices Broad (HICP), dropped down 0,43 percentage point in June compared to May, to pass 0,78% for 0,35%. With the downturn, IPCA closed the first half of the year with high cumulative of 4,42%, results below 6,17% recorded in the first six months of last year. The variation June (0,35%) It is the lowest since last August (0,22%).

The data were disclosed today (8), the Brazilian Institute of Geography and Statistics (IBGE).

With the result of June, IPCA - which serves as a parameter to the target plan set by the Central Bank - closed the last twelve months (annualized rate) with high cumulative of 8,84%, result 0,48 percentage point below 9,32% the previous twelve months. In June 2015, the IPCA variation 0,79%.

Seven of the nine groups of products and services surveyed had price slowdown, from May to June. only transport, which closed with deceleration 0,53%, but still less severe drop than in May, and communication (0,04%) They showed better results than May.

Source: Agency Brazil

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