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November 2, 2022
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IPC-S inflation rises to 0.69% in October

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The Weekly Consumer Price Index (IPC-S) ended October with inflation of 0.69%. The result is higher than that of September: 0.02%. The information was released today (1st), in Rio de Janeiro, by the Getulio Vargas Foundation (FGV).IPC-S inflation rises to 0.69% in October

Among the main factors responsible for the increase from one month to the other is the group of food expenses, which had registered deflation (price fall) of 0.29% in September and which started to have inflation of 0.74% in October.

prices on the rise

Four groups had an increase in inflation: housing (from 0.40% in September to 0.58% in October), clothing (from 0.38% to 0.73%), health and personal care (from 0.59 % to 0.85%) and miscellaneous expenses (from 0.04% to 0.19%).

The item transport continued with deflation, but the fall in prices was smaller because it went from -2.63% to -0.19%.

Two groups had a drop: education, reading and recreation (from 4.36% to 3.07%) and communication, whose deflation was accentuated, going from -0.52% to -0.73%).

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