{"id":265670,"date":"2020-01-10T14:55:52","date_gmt":"2020-01-10T17:55:52","guid":{"rendered":"https:\/\/anba.com.br\/?p=265670"},"modified":"2020-01-10T15:21:34","modified_gmt":"2020-01-10T18:21:34","slug":"inflation-stood-above-target","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/inflation-stood-above-target\/","title":{"rendered":"Inflation stood above target"},"content":{"rendered":"<p>Rio de Janeiro \u2013 The official inflation measured by the Extended National Consumer Price Index (IPCA) ended 2019 at 4.31%. The rate is higher than the 3.75% posted a year earlier, the Brazilian Institute of Geography and Statistics (<a href=\"http:\/\/www.ibge.gov.br\" target=\"_blank\" rel=\"noopener\">IBGE<\/a>) reported this Friday (10).<\/p>\n<p>The 2019 rate stood above the Central Bank\u2019s official year-end goal of 4.25%, which has a tolerance margin of 1.5 percentage points on either side. For 2020, the target is 4%.<\/p>\n<p>Meats heavily influenced the result. The food and beverage index was up 6.37% in 2019 and contributed with 1.57 percentage point to the IPCA. Meats were up by 32.4% in 2019 and accounted for 0.86 percentage point of the general index. <a href=\"https:\/\/anba.com.br\/en\/chinese-push-drives-up-beef-export-price\/\">The Chinese demand for Brazilian meat drove the prices up<\/a>. Beans, up 60%, were another villain.<\/p>\n<p>Last December, IPCA stood at 1.15%, higher than the 0.51% posted in November and 0.15% posted a year earlier. This is the highest result for the month since 2002 (2.10%).<\/p>\n<p>Up 1.54%, transports had a significant impact on IPCA last December, driven by the 3.36% gas price hike in gas price in the period.<\/p>\n<p><em>*With information from ANBA newsroom<\/em><\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-265665\">Paulo Amorim\/NurPhoto\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Extended National Consumer Price Index (IPCA) changed by 4.31%, above the Central Bank\u2019s goal of 4.25%, but within its tolerance margin.<\/p>\n","protected":false},"author":2315,"featured_media":265665,"comment_status":"open","ping_status":"closed","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":[2673,1869,2561,1803,8930,9889,9757,9758,2929,3916,27349,13382,6506],"class_list":{"0":"post-265670","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-beans","9":"tag-beef","10":"tag-beverages","11":"tag-central-bank","12":"tag-foodstuffs","13":"tag-ibge-en","14":"tag-inflation-en","15":"tag-ipca-en","16":"tag-meats","17":"tag-prices","18":"tag-transportes-en-2","19":"tag-transportes-en","20":"tag-transports"},"wps_subtitle":"The Extended National Consumer Price Index (IPCA) changed by 4.31%, above the Central Bank\u2019s goal of 4.25%, but within its tolerance margin.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265670","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=265670"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265670\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/265665"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=265670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=265670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=265670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}