The National Consumer Price Index (INPC), which measures variations in the shopping basket of families with incomes up to five minimum wages, recorded inflation of 0.61% in October this year. This figure is above 0.48% in September this year and 0.12% in October last year.
INPC topped the Broad National Consumer Price Index (IPCA), which measures the country's official inflation and was 0.56% in the period. On a year-to-date basis, INPC recorded a figure of 3.92%, also above IPCA (3.88%).
However, in the 12 month period, INPC with a rate of 4.60% was below IPCA (4.76%).
In October, food products experienced inflation of 1.11%, while non-food products experienced a price increase of 0.45%.
To stay up to date with other news and receive exclusive content from EM TIME Portalaccess our channels on What is it. Click here and join us! 🚀📱