Weekly Consumer Price Index (IPC-S) rises 0.5%¨in the four-week period of April

The Consumer Price Index – Weekly (IPC-S) measured in the four-week period of April registered an increase of 0.5%, accumulating an increase of 3.44% in the last 12 months. Four capitals showed a jump in their rates of change. They are: Salvador 0.70%, Belo Horizonte 0.73%, Rio de Janeiro 0.78% and São Paulo 0.72%.

Monitor do PIB

Brazilian economic activity grew by 2.5% in February, compared to January 2023. The data are available in the GDP Monitor-FGV. The result takes seasonal adjustment into account. In the interannual comparison, the increase in February was 2.7%. This is the same variation registered in the moving quarter ended in February.

Summary of April 2023 Surveys

The business and consumer confidence indices fell by 0.3 and 0.2 points, respectively, in April. The result came from a movement of accommodation, after an increase of two points in the previous month. The scenarios were motivated by the worsening of expectations for the coming months.

The business indicator begins the second quarter with a reflection of the low level of economic activity in the cyclical segments of the economy. Consumer confidence, in turn, has remained in the range between 80 and 90 points since August last year, still far from the neutral level of 100 points.

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By Brasil 61