Inflation Tightens Grip: São Paulo’s Mid-November Numbers

INSUBCONTINENT EXCLUSIVE:
This increase surpassed the 1.02% growth observed in the first half of the month
stronger growth in the second reading
Food costs jumped from 1.71% to 1.99%
Personal expenses also increased, rising from 1.14% to 1.82%
This consistency provides a small relief for families managing tight budgets
(Photo Internet reproduction)Other sectors experienced a slowdown in price increases
Housing costs rose by 0.89%, down from 0.98%
Transportation saw a significant drop, from 0.48% to 0.02%
Health-related expenses decreased slightly from 0.68% to 0.66%
particularly concerning
It directly impacts the daily lives of all residents, especially those with lower incomes
The increase in personal expenses also indicates growing financial strain on individuals and families.The slight decrease in housing and
transportation costs offers a small reprieve
However, these expenses remain significant parts of most household budgets
indicators reflect broader challenges facing Brazil
The country continues to grapple with inflation, affecting everything from grocery bills to rent payments
The data underscores the need for careful financial planning at both personal and policy levels.