The consumer price index (CPI), which measures inflation in the city of São Paulo, rose 0.40% in the first quarter of November, losing its strength against the 0.48% advance confirmed in October, according to research released today by the Foundation for Economic Research (Fipe).
The most common increase in IPC-Fipe is due to two weight components in the index: Food and Transport. Food prices rose 0.86% at first reading in November, after showing a profit of 1.21% in October. And transportation costs increased by 0.45%, an increase of 0.54% last month.
In Housing, expenses increased by 0.16% and repeated October variations. Among other things, there was a rise in prices: Personnel costs (from 0.22% in October to 0.24% in the first quarter of November); Health (from 0.36% to 0.52%); Clothing (from 0.06% to 0.14%); and education (from 0.04% to 0.06%).
See below how the components of IPC-Fipe were in the first quadrice theme in November:
– Housing: 0.16%
– Food: 0.86%
– Transport: 0.45%
– Personal expenses: 0.24%
– Health: 0.52%
– Clothing: 0.14%
– Education: 0.06%
– General Index: 0.40%