Monday, December 18, 2017

Inflation of supermarkets has 2.56% fall in 2017

The IPS (supermarket price index) calculated by FIPE/APAS, fell again in November, after a high in October, with a variation of 0.80%. The reduction in the month was caused by the generalized fall in the price of food, especially fruits and vegetables (2.52%) and processed (0.93%).
With this reduction, the Cumulative Index reached a 2.56 percent drop for the month of November, which represents the biggest reduction since the introduction of the Real plan in 1994. Low milk (11%) accumulated and cereals, such as rice (7.36%) and, especially, the beans (37.81%), were records and also contributed to the results. Of the ten largest falls in 2017, nine are in this group-with reductions of up to 55%.
"Never observed such a price drop and so widespread in great weight on the table of the paulista as at the end of this year," explained Rodrigo Mariano, Chief Economist of APAS (São Paulo supermarket Association) that still completed. "The main reasons are the supply side, with the brazilian supersafra occurred throughout the year, as a result of the extremely favourable climatic conditions, and the demand, since the Brazilian continues to cut consumption to be able to pay the Bills and come up with the finances on Christmas day. "
The projection of APAS for the month of December and the closing of the year is an inflation above 2% fall, extremely relevant, because it would be the first drop of prices since 2009, accumulated the largest in a year already seen in the series since 1994.
"The productivity of brazilian agribusiness, coupled with climate, generates an offer much higher than the population had condition to absorb punishment suffered throughout the year, as a result of high unemployment, which will result in these numbers and significant facts," says Rodrigo Mariano .
Semi-finished items products (meat, milk and cereals) The beef fell 1.66 percent and 1.81% pigs. Already the birds soared 2.99 percent in November, pulled down by the chicken, which rose 3.11 percent. It is worth noting that even with the year-end shopping, that focus on birds, Turkey continues with 5.54% reduction in 2017. Already, despite the high last month, still has accumulated reduction of 3.45 percent in the year.
Industrial products
Reduced 0.93% in November, with negative variation in almost all subcategories. Cafes (2.14%) and sweet (2.11%) had practically the same fall. However, the biggest responsible for the reduction of industrialised products IPS were the chocolate powder (4.64%) and ice cream (4.56%).
Fresh products
After an October increase of 7.92%, Fresh products presented 2.52% drop in November. The vegetables were especially responsible for that number because, after rising 7.2 percent in October, reduced 9.41% last month. The fruit fell 1.37 percent and tubers increased 0.38%. In this way, year to date, the fruits and vegetables have 3.96% reduction.
Non-alcoholic drinks Fell 0.18% in November, however, remain rising 1.62 percent in the year, pulled by soft drinks, with high of 2.35%.
Alcoholic beverages fell 1.83 percent and Surprised, with 2.25% reduction in the price of beer. Still, Yes, the increase is 1.99% in the past 12 months, the beer the main responsible, with high of 2.51%.
Cleaning products
Presented 0.48% reduction in November. The accumulated from January to November the fall is 1.24%.
Hygiene and beauty articles
Increased 0.29 percent in November. However, year to date, the reduction is 0.90%.
Supermercado Moderno - 15/12/2017
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