FIPE Consumer Price Index (CPI) m/m reflects changes in the prices for a fixed basket of goods and services from the consumer perspective in the reported month compared to the previous one. Data is collected from households having purchasing power from one to ten minimum wages. The calculation includes spendings in all the major private consumption segments, such as food, clothing, payments, housing expenses, health, communication, etc. The index growth can be seen as positive for the Brazilian real quotes.
