Low-income inflation advances 0.43% in July, points out FGV

The consumer price index-Class 1 (IPC-C1) — which measures the price variation of products and services for families with income between one and 2.5 minimum wages — showed a 0.43% high in July, 0.50 percentage point above June, when the index recorded a rate of-0 ,07%. With the result, the indicator accumulates a high of 3.16% in the year and 4.04% in the last 12 months. The IPC-BR, which measures the variation of prices for families with income from one to 33 monthly minimum wages, recorded an increase of 0.31% in July and 3.87% in the last 12 months, below that recorded by IPC-C1. Four of the eight component expense classes of the IPC-C1 registered an increase in their rates of variation from June to July: Housing (-0.24% to 1.32%) Food (-0.16% to 0.20%) Miscellaneous expenses (-0.23% to 0.40%) Transport (-0.38% to-0.24%). In these expense classes, highlight the items: Residential Electricity tariff (-2.30% to 6.42%) Rice and beans (-3.97% to-0.84%) Domestic feedingstuffs (-1.36% to 1.98%) Gasoline (-2.67% to-1.86%). On the other hand, they presented a decrease in their variation rates: Clothing (0.60% to-0.28%) Education, reading and recreation (0.78% to 0.16%) Health and personal care (0.31% to 0.28%) Communication (0.07% to 0.04%) In these expense classes, highlight the items: Clothing (0.71% to-0.43%) Airfare (22.85% to-2.20%) Personal care services (0.38% to 0.05%) Fixed telephony and internet packages (0.46% to 0.10%)