Brazil sees price hikes after two months of deflation

The official inflation stood at 0.26% in June

Published in 10/07/2020 - 11:18 By Vitor Abdala - Rio de Janeiro

Brazil’s official inflation, as gauged by the National Broad Consumer Price Index (IPCA), stood at 0.26 percent in June, the higher than May this year (-0.38%) and June 2019 (0.01%). The figures were released in Rio de Janeiro today (Jul. 10) by the government’s statistics agency IBGE.

June’s inflation came after two consecutive decline in prices: May (-0.38%) and April (-0.31%). The result in June brings the IPCA to 0.10 percent year-to-date and 2.13 percent in the 12-month period.

Food and drinks

The main drivers behind the inflation in June were food and drinks, which saw a 0.38 percent increase in prices due to products such as pinto beans (4.96%), rice (2.74%), and UHT milk (2.33%).

Transport also made a significant impact on June’s IPCA, with 0.31 percent inflation, chiefly due to gasoline (3.24%) and ethanol (5.74%).

Translation: Fabrício Ferreira -  Edition: Kleber Sampaio / Nira Foster

Dê sua opinião sobre a qualidade do conteúdo que você acessou.

Para registrar sua opinião, copie o link ou o título do conteúdo e clique na barra de manifestação.

Você será direcionado para o "Fale com a Ouvidoria" da EBC e poderá nos ajudar a melhorar nossos serviços, sugerindo, denunciando, reclamando, solicitando e, também, elogiando.

Denúncia Reclamação Elogio Sugestão Solicitação Simplifique
Latest news
indústria automobilística,automóvel, fábrica

Gov’t passes free-trade deal with Paraguay for car sector

Conditions are to be effective indefinitely or until the car sector is fully adapted to the Mercosur General Regime, which stipulates a common foreign tariff at 11 tariff levels, whose rates range from zero to 20 percent.

Presidente da República, Jair Bolsonaro,  durante a cerimônia de assinatura da portaria que designa a Eletronorte como agente executor do Programa Mais Luz para a Amazônia no Amapá

Bolsonaro to send food and humanitarian mission to Lebanon

“Brazil is home to the biggest Lebanese diaspora in the world. Ten million Brazilians of Lebanese descent form a hard-working, dynamic, and active community that makes an invaluable contribution to our country", he said.

Os presidentes da República, Jair Bolsonaro e  do Supremo Tribunal Federal, ministro Dias Toffoli, fazem declaração à imprensa no Planalto

Chief justice of Brazil’s top court hospitalized

The justice is reported to have tested negative for COVID-19 and will work normally during his hospitalization.

Outbreak of the coronavirus disease (COVID-19) in Brazil

Brazil reports 3 mi cases of COVID-19, 101,000 deaths

The state of São Paulo has the highest case tally since the beginning of the pandemic, with 627,126 cases and 25,114 deaths.

O Brasil tem a maior biodiversidade vegetal do mundo.São 55 mil espécies de plantas — cerca de 22% das 250 mil do planeta.

Senate ratifies Nagoya Protocol in Brazil

The document regulates the access and distribution of benefits of genetic resources of biodiversity. The decree is now expected to be enacted by Parliament.

Smoke rises from the site of an explosion in Beirut

Lebanon embassy calls for humanitarian help after Beirut blast

A statement reports that the country needs medical aid in all fields, as well as surgical and hospital supplies. Also requested are construction materials.