On Wednesday, Brazil’s Broad Consumer Price Index (IPCA) slid to a mere 0.21% in June, from 0.46% in May.
The Brazilian Institute of Geography and Statistics (IBGE) shared these figures, marking a year-to-date rise of 2.48% and a 4.23% climb over the past 12 months.
Analysts had projected a June rise of 0.32%. Instead, the actual data trailed, with previous year-on-year forecasts predicting an IPCA of 4.35%.
Rewind to June 2023: the IPCA had dipped by 0.08%, with a subsequent 12-month gain of 3.16%.
Food and Beverage Prices Rise
In June, most product groups surveyed—seven out of nine—saw price increases. The Food and Beverages category led with a 0.44% rise, pushing the index up by 0.10 percentage points.
Prices for home food items ascended from 0.66% in May to 0.47% in June. Standouts included potatoes, soaring 14.49%, and long-life milk, up 7.43%. Yet, prices for carrots, onions, and fruits fell by 9.47%, 7.49%, and 2.62%, respectively.
Dining out became slightly cheaper, rising by just 0.37% compared to 0.50% the previous month. Snacks and meal costs decelerated as well.
Health Costs and Housing Expenses
The Health and Personal Care sector witnessed the most significant monthly increase of 0.54%, fueled by a 1.69% jump in perfume prices.
Meanwhile, health insurance premiums climbed by 0.37%, following a cap of 6.91% set by the National Health Agency, effective from mid-2024 to 2025.
In housing, water and sewage rates surged after tariff revisions in major cities. However, piped gas in Rio de Janeiro saw a reduction due to a 1.75% cut.
Electricity prices in the housing sector edged up by 0.30%, influenced by a tariff revision in Belo Horizonte.
Transportation and Overall Economic Impact
The transportation sector dipped by 0.19%, with significant drops in airfare. Fuel prices varied—diesel and vehicular gas prices dropped, while gasoline and ethanol increased.
The lesser-known National Consumer Price Index (INPC) rose by 0.25% in June, indicating subtle inflationary pressures across the board.
Belo Horizonte and Brasília experienced the highest regional variations due to utility rate hikes. In contrast, Porto Alegre saw the lowest due to a decrease in bottled gas prices.
This data underscores the nuanced landscape of Brazil’s inflation, where sector-specific trends and regional disparities paint a complex picture of economic health.
Live Market IntelligenceBrazil — Live Market Board
Rio Times · Live Market Intelligence
Brazil — Live Market Board
-0.02%
185,147.15
-0.02%
64,639.55
-0.35%
11,315.26
-1.14%
3,034,599
-0.48%
2,565.50
+0.82%
59,789.81
-0.28%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 185,147.15 | -0.02% | +21.85% | 185,188.13 | 168,310 | 167,142 | — |
| USD/BRL | 5.16 | +0.01% | -5.13% | 5.16 | 5.18 | 5.14 | — |
| SELIC | 14.00% | — | — | — | — | — | |
| PETR4 | 41.64 | -0.05% | +35.19% | 41.66 | 41.97 | 41.15 | 41,499,400 |
| VALE3 | 72.97 | +0.83% | +30.75% | 72.37 | 73.54 | 72.66 | 17,658,000 |
| ITUB4 | 38.60 | -1.03% | +4.57% | 39.00 | 39.34 | 38.39 | 29,487,800 |
| BBDC4 | 16.85 | +0.36% | +3.50% | 16.79 | 16.90 | 16.67 | 19,416,900 |
| BBAS3 | 19.37 | +0.47% | +0.73% | 19.28 | 19.44 | 19.16 | 11,069,200 |
| B3SA3 | 14.26 | -0.21% | +12.73% | 14.29 | 14.47 | 14.11 | 33,037,800 |
| ABEV3 | 14.89 | -0.80% | +21.91% | 15.01 | 15.07 | 14.81 | 16,453,100 |
| WEGE3 | 47.59 | +0.49% | +29.99% | 47.36 | 48.08 | 47.36 | 3,364,600 |
| PRIO3 | 59.14 | -0.19% | +50.67% | 59.25 | 59.81 | 58.74 | 3,325,600 |
| SUZB3 | 41.33 | +2.35% | -23.55% | 40.38 | 41.48 | 40.35 | 3,914,900 |
| RENT3 | 34.68 | -0.09% | +0.84% | 34.71 | 34.96 | 34.35 | 7,979,100 |
| AZZA3 | 15.89 | -2.63% | -53.76% | 16.32 | 16.42 | 15.82 | 1,330,300 |
| CSNA3 | 4.30 | +0.47% | -42.65% | 4.28 | 4.41 | 4.26 | 10,076,100 |
| GGBR4 | 24.69 | +2.19% | +51.38% | 24.16 | 24.85 | 24.18 | 7,047,600 |
| ENEV3 | 24.21 | -1.38% | +70.49% | 24.55 | 24.64 | 23.99 | 9,297,000 |
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error
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