By Rafael Vazquez
The city of São Paulo presented inflation of 0.38% in the third quarter of May, according to the Consumer Price Index (CPI) calculated by the Foundation Institute for Economic Research (Fipe).
In the reading for the same period in 2022, Fipe’s IPC rose 0.76%.
In the immediately preceding period, the second forecast for May, the variation was 0.44%, according to Fipe.
Among the seven classes of expenses that compose the indicator, six decelerated concerning the previous week, and only one showed a higher variation.
From the second to the third forecast week of the month, housing went from -0.10% to -0.08%, while food inflation decelerated from 0.82% to 0.50%.
Transportation (from 0.55% to 0.49%), health (from 1.31% to 1.05%), clothing (from 0.97% to 0.94%), and education (0.14% to 0.13%) also showed a deceleration from one week to the next.
The variation in personal expenses was higher (from 0.32% to 0.58%).
Every week Fipe calculates the four-weekly variations of the Consumer Price Index of the city of São Paulo for the family income range between 1 and 10 minimum wages.
With information from Valor
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