Cost of living in Brazil: the country has deflation of 0.04% in September 2019

According to data from the Broad National Consumer Price Index (IPCA), released today by the IBGE, Brazil had, in September, a deflation of 0.04%. This is the lowest result for this month since 1998.

The main factors for this number were the fall in the cost of food away from home, which fell 0.53%, and the fall in the cost of food at home, which fell 0.70%. There was also a fall in-home appliance prices, which was 2.26%, and on TV, sound and computer prices, which was 0.90%.

The National Index of Construction (Sinapi), also released today by the IBGE, grew 0.37% in September. The main reason for the increase was the cost of labor.

The Regional Monthly Industrial Survey, also released today by the IBGE, indicates that after three months of negative rates, the São Paulo industry, the largest in Brazil, grew 2.6% in August, influenced by the increase in sugar production.

Construction costs in Brazil grow 0.11% in May

The National Civil Construction Index (Sinapi), released today by IBGE, grew by 0.11% in May, a result below 0.34% in April. This is the lowest rate since November 2016, when it stood at 0.10%.

The share of labor research, with a decrease of 0.21%, influenced the national index.

Nationally, the average construction cost in May of 2019 was R$ 1,131.89, of which R$ 592.48 related to materials and R$ 539.41 to labor. Compared to April, labor fell by 0.21%, while materials rose by 0.39%.