Inflation measured by the IPC-S rises to 1.08% in November, says FGV

The Weekly Consumer Price Index (IPC-S), measured by the Getulio Vargas Foundation (FGV), registered inflation of 1.08% in November this year, a rate higher than the 0.77% registered in the previous month. In 12 months, the IPC-S accumulates a rate of 9.89%, also higher than the 9.73% accumulated until October.

The increase in the monthly rate from October to November was driven by only two of the eight groups of expenses that make up the IPC-S. Transport inflation more than doubled in the period, rising from 1.31% to 3.07%. Housing expenditures rose from 0.37% to 0.56%.

On the other hand, six expense groups had a drop in the rate from one month to another: food (from 0.88% to 0.66%), clothing (from 0.81% to 0.59%), health and care personal (from 0.25% to 0.16%), education, reading and recreation (from 1.57% to 1.51%), miscellaneous expenses (from 0.28% to 0.20%) and communication (from 0.44% to 0.09%).

Text translated using artificial intelligence.