Bus and Education Push Brazilian Inflation Up

Brazil’s Broad Consumer Price Index (IPCA) rose 0.41% in February, less than the 0.59% increase registered in January. The index suffered the upward pressure of monthly school fees, which rose 5.38%.

The biggest increase occurred in Rio de Janeiro (0.74%), in consequence of the 5.56% increase in bus fares, while the smallest increase was in the capital of Goiás state, Goiânia (0.06%).

According to the report released this Friday, March 10, by the Brazilian Institute of Geography and Statistics (IBGE), the reason the increase was not greater is due to price declines in the clothing group (-0.54%), domestic items (-0.39%), and food and beverages (-0.29%). The IPCA is used by the government to set its inflation targets.

The prices used to measure the IPCA are gathered in 11 regions (Rio de Janeiro, Brasí­lia, Recife, Belo Horizonte, Salvador, Fortaleza, São Paulo, Belém, Curitiba, Porto Alegre, and Goiânia), based on the spending of families that earn between one and forty monthly minimum wages (US$ 139 to US$ 5,520).



  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Brazil: Venezuela’s Oil Financed Rio’s Carnaval Champ

The Vila Isabel samba group, backed by Venezuelan oil money, was declared Carnaval champion ...

In Brazil, Arab League Chief Urges Israel to Leave Occupied Territories

The Secretary-General of the Arab League, Amre Moussa, declared that one of the aims ...

In Brazil Health Care Is Universal: 10% Like It, 61% Call It Bad or Terrible

Brazilians have a public health system called SUS (Unified Health System). It is a ...

35% of Brazilians Over 40 Are Hypertense. Brazil Wants to Change This

How and why do hypertension and diabetes mellitus develop? This is one of the ...

Brazil Finally Complies and Hands UN Report on Kids’ Rights

Brazil’s federal government handed the United Nations Committee on the Rights of the Child its ...

São Paulo, Brazil, Finds Out It’s Not Easy to Be Green

Brazilian merchant Lizete Araújo da Silva, 51, has worked for approximately ten years in ...

Brazil and LatAm Rush to the Rescue of Tumbling Markets and Currencies

Countries in Latin America, including Brazil, moved quickly this week to face the global ...

In Brazil, the Carnaval Seems to Be Over. Next Stop: Hangover

Carnaval in the historic Brazilian city of Olinda is a non-stop, noisy affair that ...

Making a Difference

Sponsoring a youngster from a third-world country like Brazil promises to be an ongoing ...

Brazil’s Company Real Estate Now Speaks English

Company S.A., one of the largest construction companies and real estate developers for medium- ...