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Rondônia, terça, 26 de outubro de 2021.


Brazil inflation at 1.16% in September


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Brazil’s National Broad Consumer Price Index, or IPCA, reached 1.16 percent in September. Calculated by the government’s statistics agency IBGE, this is the highest inflation rate for September since 1994 (1.53%).

Compared to August, the IPCA stood at 0.29 percentage points above the month’s 0.87 percent. For the 12-month span, the index is 10.25 percent above the 9.68 percent reported in the 12 months prior.

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September’s percentage was pulled by housing—up 2.57 percent (0.41 percentage points)—and transport—1.82 percent (0.38 percentage points). According to analysis by IBGE, the increase in the electric energy tariff (6.47%) boosted the hike in housing. For transport, the performance was caused by the surge in fuel prices (2.43%).

The IPCA is measured across 15 Brazilian capitals and the Federal District, surveying families with an income of one to 40 minimum wages.


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