The official inflation
index reached 0.57% in October, and in the last 12 months, accumulates 5.84%,
and it is with a slight downward trend, as we can see in the chart below.
By decomposing the ratio
between monitored and non-monitored prices, we can see that, while
non-monitored prices rose 7.4% in the last 12 months, monitored prices rose
only 1%. Monitored prices are mostly prices of electricity power, fuel and bus
fares, and are sectors where the government intervened to prevent price
increases to curb inflation.
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