INSUBCONTINENT EXCLUSIVE:
The National Consumer Price Index-15 (IPCA-15) for October recorded an inflation rate of 0.54%
This figure reflects various economic factors, including a notable decrease in transportation costs, which fell by 0.33%.The drop in
transportation prices was primarily influenced by a significant reduction in airfare costs and the provision of free public transport on
election day, October 6.Among the nine categories monitored, transportation was the only one to experience a price decline
This decrease contributed negatively by 0.07 percentage points to the overall inflation rate.Had transportation prices remained stable, the
IPCA-15 would have increased to 0.61%
This recent decline follows previous increases in transportation costs, which rose by 1.12% in July and 0.83% in August.Specifically,
Inflation Rate at 0.54% as Transportation Costs Decline
(Photo Internet reproduction)Public transportation also experienced a decrease of 3.22%, driven by lower fares for urban buses (down 2.49%),
trains (down 1.59%), and metro services (down 1.28%).Fuel prices reflected minimal change, with an overall negative variation of 0.01%
The price of vehicular gas decreased by 0.71%, while diesel saw a reduction of 0.23%
Conversely, ethanol prices increased slightly by 0.02%, and gasoline prices remained stable.These trends highlight how external factors,
such as government initiatives during elections, can significantly influence consumer costs
Market fluctuations also play a major role in shaping overall inflation rates in Brazil.
