Official inflation is 0.95% in November
The Extended National Consumer Price Index (IPCA), which measures the country's official inflation, was 0.95% in November this year. It was the highest rate for a month of November since 2015 (1.01%). In November 2020, the price increase was 0.89%.
Despite this, the official November inflation was below the one observed in October 2021 (1.25%). The IPCA is 9.26% in the year and 10.74% in 12 months. Inflation accumulated in 12 months is the highest since November 2003. The data were released today (10), in Rio de Janeiro, by the Brazilian Institute of Geography and Statistics (IBGE).
Seven of the nine expenditure groups surveyed had inflation in November, with a highlight on transport, with a 3.35% price increase.
“Gasoline prices rose 7.38% in November, in the wake of the readjustments that were given at refineries at the end of October. In addition, we had significant increases in ethanol, diesel and vehicle gas”, said IBGE researcher Pedro Kislanov.
the weight of gasoline
Gasoline was the item that contributed the most to inflation in November. Ethanol rose 10.53%, diesel oil 7.48% and vehicle gas 4.30%.
Another relevant impact on the November IPCA came from spending on housing, which increased 1.03% in the month, due to electricity (1.24%), which, since September, has remained under the banner of water scarcity.
Food deflated (price drop) of 0.04% in the period, driven by the behavior of food prices away from home, which dropped 0.25%.
Another group with deflation was health and personal care (-0.57%), largely a consequence of the drop in the prices of personal care items (-3%).
The other groups had the following price variations: personal expenses (0.57%), household items (1.03%), clothing (0.95%), education (0.02%) and communication (0.09 %).
Text translated using artificial intelligence.
