Official inflation preview stands at 0.95% in March, says IBGE

Official inflation preview stands at 0.95% in March, says IBGE

The National Consumer Price Index 15 (IPCA-15), which measures the preview of official inflation, was 0.95% in March this year. This is the biggest price hike for a March preview since 2015 (1.24%).Official inflation preview stands at 0.95% in March, says IBGE

The data were released today (25) by the Brazilian Institute of Geography and Statistics (IBGE).

The rate was, however, below the one observed in the previous month’s preview (0.99%). The IPCA-15 accumulates a rate of 10.79% in 12 months. The IPCA-E, which measures the quarterly IPCA-15, was 2.54%.

According to the IBGE, the nine groups of products and services had high prices, especially food and beverages, with an inflation rate of 1.95%, above the 1.20% in February.

Among the items with the highest increases, there are carrots (45.65%), tomatoes (15.46%), fruits (6.34%), potatoes (11.81%), eggs chicken (6.53%) and long-life milk (3.41%).

Other groups with a relevant impact on the inflation preview were health and personal care (1.30%), transport (0.68%), housing (0.53%) and household items (1.47%).

In the case of health, the items with the most important increases were personal hygiene (3.98%), perfumes (12.84%), pharmaceutical products (0.83%) and medical and dental services (0.58%).

In the case of transport, the main impacts came from gasoline (0.83%), diesel oil (4.10%) and vehicular gas (5.89%).

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