IPCA rises 0.61% in April, above market expectations

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Index was pulled by the price of medicines. Country now has an accumulated inflation of 4.18% in the 12-month window. The Extended National Consumer Price Index (IPCA), an indicator considered the country’s official inflation, rose 0.61% in April, according to data released this Friday (12) by the Brazilian Institute of Geography and Statistics (IBGE). All groups surveyed rose in the month, but the highlight goes to the Health and personal care sector, which rose 1.49% in April and had an impact of 0.19 percentage points on the full index. As a result, the country now has an accumulated inflation of 4.18% in the 12-month window. The IPCA result follows a 0.71% advance in March. In the year, it accumulates a high of 2.72%. In April 2022, the index increased by 1.06%. In April, the index came in above market expectations. Valor Data, from the newspaper “Valor Econômico”, estimated a rise of 0.55% last month, considering a median of 46 collected projections. See the result of the nine groups that make up the IPCA: Food and beverages: 0.71%; Housing: 0.48%; Household items: 0.17%; Clothing: 0.79%; Transport: 0.56%; Health and personal care: 1.49%; Personal expenses: 0.18%; Education: 0.09%; Communication: 0.08%. Flourish – visualization/13374597?1142165

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