RIO DE JANEIRO, BRAZIL - The Weekly Consumer Price Index (CPI-W) climbed 0.92% in July after rising 0.64% the month before, with housing and education prices rising significantly. The Getúlio Vargas Foundation (FGV) on Monday reported that the index has now accumulated a 12-month increase of 8.76%.
The highlight in July was the 2.09% hike in housing prices, rising from 0.89% in June. Electricity prices alone spiked 7.80%. Education, Reading, and Recreation costs climbed 1.42% in July, against a 1.15% rise in June.
The June/July sector price variations . . .