O IBGE (Brazilian Institute of Geography and Statistics) disclosed, this Wednesday (10), that the HICP (Broad National Consumer Price Index) June had an increase of 0,21%, remaining 0,25 percentage points (pp) below the 0,46% recorded in May.
Of the nine groups of products and services surveyed, seven increased in June. At the housing sector, The biggest impact came from the high water and sewage rates (1,13%) and also residential electrical energy – who registered increase of 0,3% in the month, with 0,10 pp (percentage points) contribution to the final inflation result.
According to IBGE, the increase in tariffs energy consumption of the Brazilian population was influenced, above all, due to the 6,76% tariff adjustment applied in Belo Horizonte (MG) from cemig (Companhia Energética de Minas Gerais) on May 28th.
IPCA calculation by IBGE
For calculation of the index of the month, IBGE carried out comparisons of collected prices in the period from May 30 to June 28, 2024 (reference) with current values in the period from May 1st to May 29th, 2024 (base).
O indicator refers to families with monetary income of 1 to 40 minimum wages and covers ten metropolitan regions of the country, in addition to the municipalities of Goiânia, Campo Grande, Rio Branco, São Luís, Aracaju and Brasília.
Rising electricity bill
In 2023, residential electricity tariff accumulated increase of 9,52% in Brazil. The increase surpassed the country's inflation, which ended the year at 4,72%, according to IBGE.
the scenario of increase on the electricity bill occurred despite favorable conditions in the reservoirs of hydroelectric plants and validity of the green flag throughout last year.
Among the Brazilian capitals, biggest high accumulated was registered in Belo Horizonte (MG), with variation of 27,97 % in 2023.
Next came: Curitiba (PR); Salvador BA); Rio Branco (AC) and Vitória (ES), with 20,69%; 17,14%; and 13,29%, respectively.
None of the capitals or cities analyzed by IBGE recorded a reduction in the value of the electricity tariff last year.
As smaller increases occurred in São Paulo (SP); Brasília (DF) and Fortaleza (CE), with 1,41%; 3,39%; and 4,85%, respectively.
to 2024, ANEEL (National Electric Energy Agency) projects that the Brazilians' electricity bill experiences an average increase of 5,6% - a index, once again, above estimated inflation by 3,9% by the financial market.
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