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According to the latest data released by the IBGE on Tuesday (10), fuel price inflation will be 23,87% in 2022. Commodity prices in the fuel subgroup were the ones that fell the most in the last 12 months, with measures legislation interfering in the country's tax policy.
However, the inflation Annual fuel prices as measured by the IPCA (Ample National Consumer Price Index) increased by 5,79% in 2022. Fuel items were the main reason for the price increases in the last 12 months. The biggest drop was in gasoline, with a drop of 25,78% last year.
In second place was the deflationary ethanol, which fell 25,42% in the year. On the other hand, the prices of other items in the fuel subgroup increased, such as the Diesel and gasoline for engines. The highest inflation this year came from clothing, food and health and personal care, driven by food.
Inflation in 2022 and relationship with fuel prices
The expansion of the National Consumer Price Index 15 (HICP-15) accelerated in November, driven by further highs in food prices and fuel prices. The indicator, which is a preview of the official inflation, advanced 0,53%, 0,16 percentage points above the result verified in October.
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According to data released by the Brazilian Institute of Geography and Statistics (IBGE), the accumulated increase in the index this year was 5,35%, and the accumulated increase in the last 12 months was 6,17%, less than the 6,85% of the 12 previous months. In November 2021, the rate will be 1,17%.
