Inflation for families with low income is 9,52% in 12 months

The data was released Tuesday, 5, FGV.
05/07/2016 08h38 - Updated 5/07/2016 08h38
Photo: reproduction

The Consumer Price Index – Class 1 (IPC-C1), which measures the change in shopping basket prices for families with income up 2,5 minimum wages, recorded inflation 0,57% in June this year. The rate is lower than May (0,84%), according to data released today (5) the Getulio Vargas Foundation (FGV).

O IPC-C1 acumula 5,28% the year and 9,52% in 12 months. The rates reported for families with income up 2,5 minimum wages are higher than average inflation for all income groups, measured by the Consumer Price Index - Brazil (IPC-BR).

In June this year, IPC-BR had rate 0,26%. Already in the 12 months, IPC-BR was in 8,54%.

The fall of the CPI-C1 in May to June passage was caused by decreases in five of the eight classes of expenditure that make up the index: health and personal care (the rate increased from 1,71% in May to 0,38% in June), miscellaneous expenses (from 4,31% for 0,40%), housing (from 1,18% for 0,90%), clothing (from 0,48% for 0,33%) and communication (from 0,22% for 0,18%).

On the other hand, three groups had high: feeding (from 0,53% for 0,68%), transport (from -0,40% for -0,01%) and education, reading and recreation (from 0,16% for 0,50%).

Source: Agency Brazil

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