Inflation in supermarkets builds up 4.45% up to October and projection for the year exceeds

The prices in supermarkets accumulate high of 4.45% this year through October, according to the supermarket price index, calculated by the São Paulo Association of Supermarkets (Apas) and by the Economic Research Institute Foundation (Fipe). As a result, inflation in the sector has already surpassed the projection of Apas for the whole year, it was of 3% to 4%. "The skyrocketing of prices in October puts in check this prediction and wondering if the year will close with a more restrained inflation", commented in a note the Economist of Apas, Thiago Berka. Only in October, prices grew 0.84 percent compared with September. It was the second consecutive high. Among the explanations for the inflation of the supermarkets have surpassed the expectations is the dollar's impact on the prices of products such as toiletries and beauty. Baked goods and pasta, which depend on the quoted in dollars, wheat showed, respectively, of 0.21 percent and 1.78 percent in the month of October. There was also an impact on the price of some foods whose production was affected by the rains in Sao Paulo and Minas Gerais. The tomato and Potato tubers as.