{"id":207470,"date":"2019-01-11T14:36:21","date_gmt":"2019-01-11T17:36:21","guid":{"rendered":"https:\/\/anba.com.br\/?p=207470"},"modified":"2019-06-30T12:38:45","modified_gmt":"2019-06-30T15:38:45","slug":"official-inflation-in-brazil-ended-2018-at-3-75","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/official-inflation-in-brazil-ended-2018-at-3-75\/","title":{"rendered":"Official inflation in Brazil ended 2018 at 3.75%"},"content":{"rendered":"

Rio de Janeiro \u2013 The official Brazilian inflation rate, measured by the Extended National Consumer Price (IPCA), ended 2018 in 3.75%. In 2017, it stood at\u00a02.95%<\/a>. The information was released this Friday (11) by the Brazilian Institute of Geography and Statistics (IBGE<\/a>). Inflation stood within the target established by the Central Bank for 2018, which ranged between 3% and 6%.<\/p>\n

In December, IPCA registered a 0.15% inflation, a rate higher than in November, when there was a 0.21% deflation. In December 2017, the index had registered a 0.44% inflation.<\/p>\n

The primary reason for the 3.75% inflation in 2018 was the increased cost of foods, whose prices raised 4.04%. In 2017, the food and beverage group registered a price drop of 1.87%. The result was influenced by the truckers strike in May, which provoked supply shortages in food items and an increase in these products prices.<\/p>\n

\u201cThis [truckers] strike occurred in May, so it had a one-off impact in June on fuels and also on foods because of the shortages in supply. [If the strike had not happened], this would probably imply a lower inflation rate in the accumulated rate of the year,\u201d said the IBGE researcher Fernando Gon\u00e7alvez.<\/p>\n

Food consumed at home became 4.53% more expensive over the year, while the price of food consumed away from home (in bars and restaurants for example) rose 3.17%. Food products that had a bigger impact on the inflation in 2018 were tomato (71.76% more expensive), fruits (14.1%), meals away from home (2.38%), snacks away from home (4.35%), UHT milk (8.43%) and roll (6.46%).<\/p>\n

Other expenses<\/strong><\/p>\n

Other groups of expenses largely impacting the inflation last year were housing (4.72%) and transportation (4.19%). Among the transportation items that became more expensive are air tickets (16.92%), gas (7.24%) and city bus (6.32%). Among expenses with housing, the main impact on the increase in living costs was the power bill (8.7%).<\/p>\n

Among the nine group of expenses researched, only communication had a deflation (-0.09%). The other groups had the following price increase rates: house items (3.74%), health and self-care (3.95%), education (5.32%), personal expenses (2.98%), and clothing (0.61%).<\/p>\n

December<\/strong><\/p>\n

In December, IPCA registered a 0.15% inflation. Over the month, food was also the main responsible for the the increased prices, with a 0.44% change. On the other hand, transports and house expenses avoided an increase higher than the IPCA in the month, having a 0.54% and a 0.15 deflation, respectively.<\/p>\n

Capitals<\/strong><\/p>\n

Among the metropolitan regions and capitals researched by IBGE, Porto Alegre was the one that accumulated a higher inflation in 2018 (4.62%), followed by Rio de Janeiro (4.3%), Vit\u00f3ria (4.19%), Salvador (4.04%) and Belo Horizonte (4%), all above the country average. The smallest inflation rates were seen in Aracaju (2.64%), S\u00e3o Lu\u00eds (2.65%), Recife (2.84%), Fortaleza (2.9%) and Campo Grande (2.98%).<\/p>\n

Translated by Guilherme Miranda<\/strong><\/p>\n

Marcelo Camargo\/Ag\u00eancia Brasil\/EBC<\/div>\n","protected":false},"excerpt":{"rendered":"

Change was higher than in 2017. Extended National Consumer Price Index was influenced specially by the 4% increase in food prices.<\/p>\n","protected":false},"author":2315,"featured_media":207465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[1860,27180,2344,3055,1847],"class_list":{"0":"post-207470","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-1860","9":"tag-ibge-en-2","10":"tag-ibge","11":"tag-inflation","12":"tag-ipca"},"wps_subtitle":"Change was higher than in 2017. Extended National Consumer Price Index was influenced specially by the 4% increase in food prices.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/207470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=207470"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/207470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/207465"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=207470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=207470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=207470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}