Brazilian families with higher incomes were the ones that suffered the most from inflationary pressure in October. For this group, the index rose 1.14% last month, against 0.51% for very low-income families.
The conclusion is part of the study released by the Institute of Applied Economic Research (Ipea), this Monday (21).
After months of falling gasoline prices, the “transportation” sector once again put pressure on inflation in October due to the resumption of fuel prices.
And, according to the Ipea survey, those who felt this movement the most were the richest families in the country, who have an income of more than R$8,000. For this income range, transport inflation rose more than 2% in October, compared to the previous month.
The biggest impact for the lowest income classes, with income between R$ 1,700 and R$ 4,000, came from the “food and beverage” group, with the rise in the price of fruits (32%) and pasta ( 20%).
The “health and special care” category also had a negative impact, with emphasis on the growth in the cost of personal hygiene items (2%).
However, compared to October last year, all income groups in Brazil registered deflation. In this period, the deceleration of the indicator mainly favored lower class families.
In the last 12 months, the “food and beverage” group continues to exert greater inflationary pressure on lower-income families.
Analyzing the same period, families with greater purchasing power continue to be impacted by increases in the “transport” group: a 40.5% increase in the price of airline tickets, 12.3% in transport by application, 38.6% in vehicle insurance and 12% on new cars.
Source: CNN Brasil
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