Rio de Janeiro – Heavily influenced by the declining prices of gas, Extended National Consumer Price Index (IPCA-15) – Brazilian official inflation projection – closed December with a 0.16% deflation. It is the smallest monthly result since July 2017 and the smallest for December since the implantation of Plano Real in 1994.
The information was released this Friday (21) by Brazilian Institute of Geography and Statistics (IBGE). With this, the rate became 0.35% smaller than the price variation in November, when IPCA-15 closed with a 0.19% rise.
Considering December result, the accumulated rate in the year is a 3.86% rise, below the center of the annual goal determined by Brazilian Central Bank, 4.50%, and below the 4.39% registered at the end of last year.
Translated by Guilherme Miranda
