Inflation was lower for the poorest and higher for the richest in January

by time news

According to the Institute of Applied Economic Research (Ipea), the deceleration of high inflation in the country between December and January reached the four lowest income classes in the country. The survey released last Tuesday (14th) showed that inflation was lower for low-income families and higher for higher-income ones.

On average, the Extended National Consumer Price Index (IPCA), calculated by the Brazilian Institute of Geography and Statistics (IBGE), changed from 0.62% in December to 0.52% in January.

The increase in inflation was lower for very low income families (household income less than R$2,015.18, at January 2023 prices), low income (between R$2,015.18 and R$3,022.76) , lower-middle income (between R$3,022.76 and R$5,037.94) and middle income (between R$5,037.94 and R$10,075.88).

In the first case, the increase went from 0.71% in December to 0.47% in January. For low-income families, the index, which had been 0.67% in December, was also 0.47% in January. For low-middle income families, the variation was 0.52% in January, compared to 0.69% in December. For middle-income families, the rise in prices dropped from 0.62% in December to 0.55% in January

On the other hand, families in the highest income class (above R$ 20,151.75) saw inflation accelerate from 0.50% in December to 0.56% in January. In the upper-middle income group (between R$ 10,075.88 and R$ 20,151.75), the variation was stable at 0.59% in both months.

With the January result, the accumulated inflation in 12 months registers highs that vary from 5.53% for low-middle-income families to 7.05% for high-income ones.

In the case of families with very low incomes, the increase in inflation over the last 12 months is 6.18%.

The group of foodstuffs and beverages drove the increase in prices with the increase in cereals (3.5%), vegetables (6.4%) and fruits (3.7%) and the readjustments of products in the wheat, farinaceous chain (0.98%) and baked goods (0.55%), despite the fall in items such as (-0.47%) and poultry and eggs (-1.2%).

Transport was also one of the groups at the top of the rise in inflation. The greatest influence came from fares for urban buses (0.91%) and interstate (2.1%) and gasoline (0.8%) in the case of lower income classes, while the drop in airline tickets (-0 .51%) and transport by application (-17%) helped to reduce the impact, in the higher income classes, of fuel and registration, insurance and maintenance.

In the communication group, there was an increase in the prices of TV subscription plans (11.8%) and TV, telephony and internet combos (3.2%).

For the high-income class, even with the readjustments in the prices of food, transport and communication, the biggest contribution to inflation in January came from the readjustments in the personal expenses group, reflecting the increases in personal services (0.75%) and recreation (0.89%), whose share of the budget spent by these families is proportionally much higher than that observed in the lowest income brackets.

With information Valor Econômico

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