This is a translation of the original article in Portuguese. Read the original (Português).
The Belém metropolitan region recorded the country’s largest price increase in October, according to the Brazilian Institute of Geography and Statistics (IBGE). The IPCA, Brazil’s official inflation index, came in at 0.7% in the area, well above the 0.14% registered for the national index in the month.
The result, released this week, represents an acceleration in the capital of Pará state. In September, inflation in the region had been 0.62%. In other words, prices were already rising at a strong pace and gained speed.
According to the newspaper O Liberal, a Brazilian newspaper based in Belém, the local index was the highest among the areas surveyed by the institute. The gap compared with the national figure is large: inflation in Belém was about five times the national average.
The comparison shows that the rise in the cost of living is not evenly distributed across the country. While in much of Brazil prices rose little in October, people living in the Belém metropolitan region felt their budgets tighten more.
The IPCA is Brazil’s official inflation index and measures the change in prices of goods and services consumed by households. For that reason, the difference between regions has a direct effect on the purchasing power of each area.
The newspaper did not detail, in its report, which items weighed most on the rise in Pará.
Reporting from O Liberal (p. 15, Belém/PA: "Belém tem a maior inflação do país em outubro").
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