The Consumer Price Index (CPI), which measures inflation in the city of São Paulo, rose 0.15% in the first four weeks of September, gaining slight strength from the 0.12% advance seen at the end of August, according to data published this Monday (12) by the Economic Research Institute Foundation (Fipe).
In this month’s initial reading, three of the seven components of the IPC-Fipe rose more strongly or reduced deflation: Housing (from 0.76% in August to 0.91% in the first four weeks of September), Transport (from -1.51 % to -1.49%) and Personal Expenses (from 1.22% to 1.45%).
On the other hand, there was a deceleration in the categories Health (from 0.53% to 0.41%), Clothing (from 0.72% to 0.56%) and Education (from 0.11% to 0.10%). In addition, deflation in the item Food (from -0.58% to -0.69%) intensified.
See below how the components of the IPC-Fipe were in the first week of September:
- Housing: 0.91%
- Food: -0.69%
- Transport: -1.49%
- Personal Expenses: 1.45%
- Health: 0.41%
- Clothing: 0.56%
- Education: 0.10%
- General Index: 0.15%
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
