FGV: Energy and airfare decelerate consumer inflation in the IGP-DI for October

By Daniela Amorim Rio, 07/11/2025 - The decreases in residential electricity rates (-2.83%) and airfare (-5.44%) slowed down retail inflation measured by the General Price Index - Internal Availability (IGP-DI), reported the Getulio Vargas Foundation (FGV). "Regarding consumer prices, airfares and electricity rates were the main drivers of the slowdown, jointly contributing -0.18 p.p. to the IPC result," assessed Matheus Dias, an economist from the Brazilian Institute of Economics at FGV (Ibre/FGV), in a statement. There was also relief from reductions in banana-prata (-7.76%), rice (-3.14%), and long-life milk (-1.56%). On the opposite side, the main pressures came from perfume (3.65%), gasoline (0.50%), banking services (0.81%), cinema (9.39%), and health plan (0.46%). The Consumer Price Index (IPC-DI) went from a 0.65% increase in September to a 0.14% increase in October. Two of the eight expenditure classes registered lower variation rates: Housing (from 2.13% in September to ...