Readjustment in the Health and Personal Care sector drives inflation in May

According to data released by the Brazilian Institute of Geography and Statistics (IBGE) this Wednesday (7), the sector as a whole had a variation of 0.93%. Housing rose 0.67% and Personal expenses were 0.64% expensive in the month. Transport fell by 0.57% and Household Goods by 0.23%.

The drop in Transport was driven by the 17.73% drop in airline tickets and 1.82% in fuel, with a drop of 5.96% in diesel oil, 1.93% in gasoline and 1.01% in vehicular gas.

The group with the greatest weight in inflation is Food and Beverages, which became 0.16% more expensive in May, decelerating in relation to the 0.71% recorded in April. The biggest variations were in the price of tomatoes, which rose 6.65% in the month, after rising 10.64% in the previous period. Chocolate bars and bonbons fell from 0.22% in April to 3.15% in May.

In 12 months, the chicken egg accumulates high of 20.68%, the cheese is 12.90% more expensive and the long life milk rose 10.55%. Snacks away from home are 11.87% more expensive than a year ago. In the month, food away from home rose 0.58%. Soybean oil fell 7.11% in May and has accumulated a drop of 29.49% in 12 months.

The accumulated IPCA in 12 months stood at 3.94%, following the downward trend seen since June 2022, when the index was at 11.89%.

Among the capitals analyzed by the IBGE, Fortaleza recorded the highest change in the month, with a rise of 0.56% driven by gambling, which rose 12.18%, and residential electricity, which was 3.71% more expensive in the month. São Luís recorded deflation of 0.38%, with drops of 7.63% in whole chicken and 5.87% in gasoline.

INPC

According to the IBGE, the National Consumer Price Index (INPC) was 0.36% in May, decelerating in relation to the 0.53% recorded in April. The index accumulated in the year is 2.79% and in 12 months it reaches 3.74%. In May 2022, the rate was 0.45%.

The indicator measures inflation for families with an income of one to five minimum wages.

In this analysis, food products were 0.16% more expensive in May, after rising 0.61% in April. Non-food products increased by 0.43%.

By region, the INPC registered a drop of 0.33% in São Luís, and Belo Horizonte had the biggest increase in prices, of 79%, with a 25% increase in the urban bus fare.