The Extended National Consumer Price Index (IPCA) of June changed by 0.24%, being 0.02 percentage points (p.p.) below the rate of 0.26% of May. In the year, the cumulative IPCA is 2.99% and, in the last twelve months, the index was 5.35%, above the 5.32% registered in the immediately previous 12 months. in June 2024, the change amounted to 0.21%.

Of the nine groups of products and services surveyed, in June, only Food and beverages recorded a negative change (-0.18%), whereas the others stood between 0.99% in Housing and 0.00% in Education.

With the red tariff flag level 1 in effect in June, adding R$4.46 to the electricity bill for every 100 kWh consumed, residential electricity (2.96%) was the sub-item with the greatest individual impact on the month's index (0.12 p.p.). The following adjustments were also recorded: 7.36% in Belo Horizonte (8.57%), in effect since May 28; 14.19% at one of the concessionaires in Porto Alegre (4.41%) as of June 19; 1.97% in Curitiba (3.28%) as of June 24; and a 2.16% reduction in tariffs at one of the concessionaires in Rio de Janeiro (1.29%) as of June 17.

In the year, residential electricity has a cumulative increse of 6.93%, standing out as the main individual impact (0.27 pp) on the cumulative IPCA result (2.99%). This change (6.93%) is the biggest for a first half since 2018 when the cumulative result was 8.02%.

Also in Housing, the water and sewage rate (0.59%) included the following price adjustmensts: 9.88% in Brasilia (9.27%) from June 1; 4.76% in Rio Branco (2.19%) since May 1st; 3.83% in Curitiba (2.07%) from May 17 and 6.58% in Porto Alegre (0.32%) in force since May 4.

Transportation, after the 0.37% retreat in May, ranged 0.27% in June. Even with the fall of fuels (-0.42%), changes in ride sharing apps (13.77%) and car repair (1.03%) added to the increase. Taxi (0.64%) reflects the average adjustment of 8.71% in tariffs in Belo Horizonte (6.54%) from June 7.

In Apparel (0.75%), the increases in men's clothing (1.03%), footwear and accessories (0.92%), and women's clothing (0.44%) stood out.

Food and beverages, which accounted for the highest weight in the index, was the only one of the nine product sand services surveyed to show a negative change in June (-0.18%), after a 0.17% increase in May. After nine consecutive months of increases, the drop in June was driven by food at home, which fell from 0.02% in May to -0.43% in June, with decreases in chicken eggs (-6.58%), rice (-3.23%), and fruits (-2.22%). Among the increases, tomatoes (3.25%) stood out.

Food away from home recorded a 0.46% change in June, compared to 0.58% in May. The snack subitem accelerated from 0.51% in May to 0.58% in June, and meals, in turn, went from 0.64% in May to 0.41% in June.

As for regional indexes, the biggest change (0.64%) occurred in Rio Branco due to cinema, theater and shows (77.22%), with the end of the half-price promotion, and residential electricity (3.99%). The smallest change occurred in Campo Grande (-0.08%) due to the drop in fruits (-5.15%) and gasoline (-1.38%).

The IPCA has been calculated by the IBGE since 1980. It refers to households with monthly income of 1 to 40 minimum wages, whatever the source and encompasses ten metropolitan areas in Brazil, besides the municipalities of Goiânia, Campo Grande, Rio Branco, São Luís, Aracaju and Brasília..

In order to estimate the index of the month, the prices collected from May 30 to June 30, 2025 (reference) were compared with those in force from May 1 to May 29, 2025 (base).

INPC increases by 0.23% in June

The National Consumer Price Index (INPC) rose 0.23% in June. The cumulative index is 3.08%, and over the last 12 months, it is 5.18%, below the 5.20% of the previous 12 months. In June 2024, the rate was 0.25%.

Food products fell from 0.26% in May to -0.19% in June. The change in non-food products fell from 0.38% in May to 0.37% in June.

As for regional indices, the biggest change (0.55%) occurred in Belo Horizonte, driven by residential electricity (8.54%) and gasoline (1.56%). The smallest change was in Porto Alegre (-0.10%) due to the drop in gasoline (-2.56%) and personal hygiene products (-1.79%).

The INPC has been calculated by the IBGE since 1979. It refers to households with monthly income of 1 to 5 minimum wages, with a salaried head of the household and encompasses ten metropolitan areas in Brazil, besides the municipalities of Goiânia, Campo Grande, Rio Branco, São Luís, Aracaju and Brasília.

In order to estimate the index of the month, the prices collected from May 30 to June 30, 2025 (reference) were compared with those in force from May 1st to May 29, 2025 (base).