Brazil's consumer price index rose 5.79% in 2022

Sao Paulo in January 11 (xinhua Luo Jing Jing) Brazil the latest report issued by geographical statistics 10, 2022, the national general consumer price index to measure the country's inflation (IPCA) up 5.79% from 2021, more than the country's inflation target for the fourth straight year.

In 2022, the Brazilian central bank's inflation target of 3.50%, up to 5%. In 2021, the IPCA year-on-year growth of 10.06%.

From January to July last year, inflation in Brazil rose more than 10%; August before growth down to single digits.

Transportation price index is falling down in 2022, the main factors of the inflation curve: between July and September last year, fuel, especially gasoline prices from declining.

Is responsible for the statistics of IPCA index of Brazilian geographic bureau experts pedro Keith's said, if the petrol and electricity prices excluding outside the IPCA statistical scope and redistribute the weight, Brazil's inflation rate will reach 9.56% in 2022.

, according to the price increase of 2022 most clothing field, there are ten month-on-month growth in 12 months by more than 1%. Food and beverage sector, the most profound effect on the annual inflation accounted for 2.41% of PICA growth.