Inflation dropped to 0.95% in November, after registering 1.25% in October, but it was the highest for the month since 2015 (1.01%). In the year, the indicator accumulates a high of 9.26% and, in the last 12 months, of 10.74%, above the 10.67% registered in the immediately previous 12 months. The accumulated in 12 months, inclusive, was the highest since November 2003 (11.02%). In November 2020, the monthly variation was 0.89%. The data are from the Broad National Consumer Price Index (IPCA), released this Friday (10) by the IBGE (Brazilian Institute of Geography and Statistics).
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The increase was driven by transportation (3.35%), influenced by fuel prices, mainly gasoline (7.38%), which had, once again, the greatest individual impact on the month’s index.
There were also increases in the prices of ethanol (10.53%), diesel oil (7.48%) and vehicle gas (4.30%). With the result of November, gasoline accumulates, in 12 months, an increase of 50.78%, ethanol of 69.40% and diesel, 49.56%.
The prices of new (2.36%) and used (2.38%) cars also weighed on the month’s inflation. Airline tickets, on the other hand, dropped 6.12% in November, after rising 28.19% in September and 33.86% in October.
In housing (1.03%), the second major impact on the general index, the result was close to that of the previous month (1.04%), pressured, once again, by electricity (1.24%).
“In addition to the Water Shortage tariff flag, which adds R$ 14.20 to the electricity bill for every 100 kWh consumed, in force since September, there were tariff readjustments in Goiânia, Brasília and São Paulo. In Belém and Porto Alegre, the drop was due to the reduction in the PIS/Cofins rate”, details IPCA manager Pedro Kislanov.
Also noteworthy is the 2.12% increase in bottled gas, which has already risen 38.88% in the last 12 months.
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