Previous inflation is 0.08% in August, IBGE points out

The national index of broad consumer prices 15 (IPCA-15), which is a preview of the country's official inflation, was 0.08% in August, the Brazilian Institute of Geography and Statistics (IBGE) said on Thursday (22). The result was close to that recorded in the previous month, of 0.09%, and was the lowest for a month of August since 2010, when it stayed at-0.05%. In the year, the indicator accumulates a high of 2.51% and, in 12 months, 3.22%, result below the 3.27% recorded in the 12 months immediately preceding. In August 2018, the IPCA-15 was 0.13%. According to IBGE, electricity was the main responsible for pressing inflation in the month. With high for the 7th month followed, the rates had an increase of 4.91% in the passage from July to August, after having advanced 1.13% in the previous month. Thus, the housing Group was discharged from 1.42% in the month, accounting for the highest impact on the indicator, of 0.23 percentage point. Despite the high in electricity, four of the nine groups of products and services surveyed by IBGE had deflation in August, including transport and food and beverages, which have a great impact on the Brazilian pocket. See the variation of all groups: Food and beverage:-0.17% Housing: 1.42% Home items: 0.82% Clothing:-0.07% Transport:-0.78% Health and personal care:-0.32% Personal expenses: 0.27% Education: 0.07% Communication: 0.44% Gasoline has second consecutive fall The transport group was responsible for the highest negative impact (-0.14 p.p.) in inflation of the month. He presented deflation of 0.78%, after retaking 0.44% in July. The fall was pulled again by the fuels (-1.70%). Gasoline declined 1.88%, the second consecutive fall, and was the biggest negative individual impact on the monthly indicator (-0.08 p.p.). Ethanol (-1.09%), diesel oil (-1.70%) and vehicular gas (-0.07%) Also had a fall. Flight tickets with 15.57% drop Also pressing the fall of the transport group are the air passages, item that responded by the second biggest negative impact individual (-0.07 p.p.) on the IPCA-August 15. After the highs of June and July (18.98% and 18.10%, respectively), the air passages showed a decrease of 15.57% in the month. Falling Feed The food and beverage group presented a decrease of 0.17% in August after having recorded a slight high (0.03%) In July. The result was influenced, mainly, by eating at home, which recorded a decrease of 0.45% in the month. According to IBGE, the highest negative pressure on the food price came from the tomato, whose average prices fell by 14.79%. Then, the most relevant falls were the English potato (-15.09%), vegetables and vegetables (-6.26%) and Carioca beans (-5.61%). Among the items that rose, the highlights were the fruits and the onion that rose 2.87% and 15.21%, respectively. Deflation in six regions Of the 11 regions surveyed by IBGE, six recorded deflation in the passage from July to August. The most intense was observed in Goiânia (-0.29%), due to the decrease observed in gasoline prices (-5.63%). Among the regions that were discharged in inflation, the highlight was with São Paulo, where the indicator was 0.31% pressed by the discharge of 7.51% in the item electricity. Methodology For the calculation of IPCA-15, IBGE collected the prices of products and services between July 13 and August 13, 2019 (reference) and compared with those prevailing between June 13 and July 12, 2019 (Base). The indicator refers to families with income from 1 to 40 minimum wages and covers the metropolitan regions of Rio de Janeiro, Porto Alegre, Belo Horizonte, Recife, São Paulo, Belém, Fortaleza, Salvador and Curitiba, besides Brasília and Goiânia. The methodology used is the same as the IPCA, the difference is in the period of collection of prices and geographic coverage. The IPCA-15 differs from the National wide Consumer Price Index (IPCA) only in the collection period, which covers the 16th of the month preceding the 15th of the reference month, in addition to the geographic scope.