If you take power, January inflation was very high

by Andrea
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The numbers show that the fight against prices is far from gain; For the population, this means loss of purchasing power

Luciano Claudino/Code19/Estadão Content
Already food inflation, which has caused headache for the government rose 0.96%, while the inflation of services was 0.78%

He gave the headlines today of the newspaper that was January with the lowest since 1994. The broad consumer price index (), which measures the country’s official inflation, rose 0.16% compared to 0.52% variation in December. The smallest inflation was already expected by the market that projected a 0.14%increase.

In fact, the strong slowdown from one month to the other was due to the fall in prices Residential due to the incorporation of the Itaipu bonus, which allowed the cheap of the accounts. However, if we measure only free prices inflation – exclusion from those administered by the government such as light, water, medicines, health plans, buses, among others – inflation was 0.75%.

Inflation of which has caused headache to the government rose 0.96%, while the inflation of services, which worries the Central Bank, was 0.78%. The numbers show that the fight against prices is far from being won. For the population, this means loss of purchasing power. Already, for President Lula, it means increased likelihood of losing the elections.

*This text does not necessarily reflect the opinion of the young Pan.

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