Price of basic food basket falls in 13 capitals in May

In May 2019, the cost of the set of essential foods decreased in 13 capitals, as shown by the National survey of the basic food basket. The survey conducted monthly by the Interunion Department of Statistics and Socio-economic Studies (Diesse) in 17 cities was released yesterday. The most important falls were observed in Campo Grande (13.92%), Belo Horizonte (7.02%), Goiânia (-4.48%) and Rio de Janeiro (-4.39%). The increases occurred in Florianópolis (1.17%), Aracaju (0.86%), Recife (0.20%) and Brasília (0.06%). The capital with the most expensive basket was São Paulo (R $507.07), followed by Porto Alegre (R $496.13) and Rio de Janeiro (R $492.93). The lowest mean values were observed in Salvador (R $392.97) and João Pessoa (R $403.57). In 12 months, between May 2018 and the same month of 2019, all cities surveyed accumulated high, between 6.49%, in Campo Grande, and 24.23% in Recife. In the first five months of 2019, all capitals had accumulated high, with emphasis on Recife (22.69%), Vitória (20.07%) and Natal (18.94%). The lowest high was recorded in Campo Grande (0.26%). Based on the most expensive basket that, in May, was that of São Paulo, and taking into consideration the constitutional determination that establishes that the minimum wage should be sufficient to supply the expenses of a worker and his family with food, housing, health, Education, clothing, hygiene, transportation, leisure and welfare, Diesse estimates monthly the minimum wage amount required. In May 2019, the minimum wage required for the maintenance of a family of four should be equivalent to R $4,259.90, or 4.27 times the minimum of R $998.00. In April 2019, the minimum floor required corresponded to R $4,385.75, or 4.39 times the minimum in force. In May 2018, the required value was R $3,747.10, or 3.93 times the minimum wage, which was R $954.00. The survey conducted monthly by the Interunion Department of Statistics and Socio-economic Studies (Diesse) in 17 cities was released yesterday. The most important falls were observed in Campo Grande (13.92%), Belo Horizonte (7.02%), Goiânia (-4.48%) and Rio de Janeiro (-4.39%). The increases occurred in Florianópolis (1.17%), Aracaju (0.86%), Recife (0.20%) and Brasília (0.06%). The capital with the most expensive basket was São Paulo (R $507.07), followed by Porto Alegre (R $496.13) and Rio de Janeiro (R $492.93). The lowest mean values were observed in Salvador (R $392.97) and João Pessoa (R $403.57). In 12 months, between May 2018 and the same month of 2019, all cities surveyed accumulated high, between 6.49%, in Campo Grande, and 24.23% in Recife. In the first five months of 2019, all capitals had accumulated high, with emphasis on Recife (22.69%), Vitória (20.07%) and Natal (18.94%). The lowest high was recorded in Campo Grande (0.26%). Based on the most expensive basket that, in May, was that of São Paulo, and taking into consideration the constitutional determination that establishes that the minimum wage should be sufficient to supply the expenses of a worker and his family with food, housing, health, Education, clothing, hygiene, transportation, leisure and welfare, Diesse estimates monthly the minimum wage amount required. In May 2019, the minimum wage required for the maintenance of a family of four should be equivalent to R $4,259.90, or 4.27 times the minimum of R $998.00. In April 2019, the minimum floor required corresponded to R $4,385.75, or 4.39 times the minimum in force. In May 2018, the required value was R $3,747.10, or 3.93 times the minimum wage, which was R $954.00. Low income inflation The Consumer price Index – Class 1 (IPC-C1), which records the variation of the shopping basket of households with income up to 2.5 minimum wages, had inflation of 0.26% in May this year. According to Fundação Getulio Vargas (FGV), the rate is lower than that observed in April (0.73%). The IPC-C1 accumulates inflation rates of 2.79% in the year and 5.5% in 12 months, according to FGV. The rates recorded by IPC-C1 were above the consumer price index – Brazil (IPC-BR), which measures inflation for all income ranges, and which stood at 0.22% in May and 4.99% in 12 months.