Inflation in April was in Brazil 0.61%, the IBGE (Brazilian Institute of Geography and Statistics) announced on Friday (12).
With the result, the IPCA (National Wide Consumer Price Index) was 0.1 percentage points below the 0.71% rate registered in March. In February, it had been 0.84%.
From January to April, inflation accumulated a 2.72% rise. The accumulated rate in the last 12 months was 4.18%, below the 4.65% observed during the previous 12 months.
According to IBGE, all 9 groups of products and services surveyed showed an increase.
The main highlights were health and personal care, which rose 1.49% and raised the IPCA by 0.19 p.p., and food and beverages, which rose 0.71% and had an impact of 0.15 p.p. on the index.
The health and personal care group hike was driven by pharmaceutical products, which registered an increase (3.55%) after the 5.60% readjustment in medication prices as of March 31.
On the other hand, personal hygiene products slowed down from 0.76% in March to 0.56% in April’s IPCA, influenced mainly by a drop in perfumes (-1.09%).
In the food and beverages group, the acceleration was driven by foodstuffs at home, which went from a negative 0.14% in March to 0.73% in April.
Last month, the prices of tomatoes (10.64%), long-life milk (4.96%), and cheese (1.97%) rose.
The IBGE also registered an increase in the IPCA in all its research areas. The highest variation was in Campo Grande (0.89%) due to residential electricity (6.11%).
The lowest variation was recorded in Recife (0.16%), influenced by the 3.41% drop in gasoline and the 2.51% drop in car repairs.
The inflation target for 2023 is 3.25%, with a tolerance interval of 1.75% to 4.75%.
The National Consumer Price Index rose 0.53% in April.
In the last 12 months, it grew 3.83%, below the 4.36% observed in the immediately previous 12 months. In the year to date, the index has accumulated a high of 2.42%.
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