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December 27, 2024
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Preview of official inflation ends the year at 4.71%

Retail sales grow 0.6% from June to July, says IBGE

The Broad National Consumer Price Index – 15 (IPCA-15), which measures the preview of official inflation, closed the year with a rate of 4.71%. The index is similar to that recorded in 2023 (4.72%), remaining above the target ceiling stipulated by the National Monetary Council (CMN), which is 4.50%, says IBGE.Preview of official inflation ends the year at 4.71%

The food and beverage group drove inflation this year, with an accumulated price increase of 8% in the period. Among the products with the biggest increases in the year are oils and fats (20.42%), meat (19.48%), fruit (14.18%), beverages (13.11%), milk and dairy products (11.10 %) and cereals, legumes and oilseeds (10.04%).

Next come the spending groups health and personal care (6.03%) and education (6.82%). The other groups presented the following rates: personal expenses (5.12%), housing (3.44%), communication (2.99%), transport (2.32%), clothing (2.25%) and articles of residence (0.83%).

December

The IPCA-15 registered a rate of 0.34% in December this year, below the previous month’s preview (0.62%) and December last year (0.40%). Of the nine groups of expenses, five were increased in the December preview of this year.

According to IBGE, food and beverages had the biggest impact in the month, with an inflation rate of 1.47%, due to items such as soybean oil (9.21%), rump steak (9.02%), sirloin steak (8.33 %) and pork (8.14%).

Other expense groups with significant increases were personal expenses (1.36%) and transport (0.46%). The housing group, with deflation (price drop) of 1.32%, helped to curb the inflation preview in December, driven by residential electricity, whose price fell 5.72%, due to the return of the tariff flag. green on the first day of the month.

The quarterly IPCA-15, also known as IPCA-E, recorded a rate of 1.51%, according to IBGE.

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