RIO DE JANEIRO, BRAZIL - The coronavirus pandemic reached Brazilian territory together with inflation, the generalized and persistent increase in prices in the economy. The Extended National Consumer Price Index (IPCA) grew 6.76% between May 2020 and April 2021. Some products pushed the index - more specifically, 156 of them grew above the IPCA average.
Below is a list of these items, with their respective price variation in the period. Economists also shared their views as to why the IPCA in the last 12 months has remained above the 5.25% inflation target.
Big villains: food and fuel
Lucas . . .