The Weekly Consumer Price Index (IPC-S) had inflation in the seven capitals surveyed in October by Fundação Getulio Vargas (FGV). In all locations, there was an increase compared to September.
The biggest increase occurred in Recife (1.30 percentage points (pp), changing from 0.37% in September to 1.67% in October). In Porto Alegre, there was a rise of one pp, as it moved from a deflation (price drop) of 0.29% in September to an inflation of 0.29% in the following month.
Other cities that had deflation in September and inflation in October were Belo Horizonte (up 0.39 pp, going from -0.02% to 0.37%) and São Paulo (up 0.63 pp. From -0, 08% to 0.55%).
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In the other cities, inflation showed the following increases: Brasília (0.84 pp, changing from 0.20% to 1.04%), Rio de Janeiro (0.43 percentage point. It went from 0.19% to 0, 62%) and Salvador (0.20 percentage point, up from 0.33% to 0.53%).
The national average of the IPC-S, released last Tuesday (1st), rose from 0.02% in September to 0.69% in October.
