RIO DE JANEIRO, BRAZIL – The IPC-S (Weekly Consumer Price Index) for the second week of July, calculated by the Brazilian Institute of Economy – FGV Ibre, rose 0.88% and has accumulated a high of 8.71% in the last 12 months.
All seven state capitals surveyed – Recife, Salvador, Rio de Janeiro, São Paulo, Belo Horizonte, Brasília and Porto Alegre – registered an increase. In the previous week, the index had registered an increase of 0.80%.
The IPC-S measures the sectors of food, housing, clothing, health and personal care, education, reading and recreation, and transportation.
In the city of São Paulo, the indicator rose 0.88% in the latest measurement. In the previous measurement, the capital had registered a high of 0.83%.