The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The IPC-Fipe Inflation MoM measures the monthly change in consumer prices for families living in the city of São Paulo, Brazil. Calculated by the Institute of Economic Research Foundation (Fipe), it is one of the oldest and most traditional inflation indices in the country. It serves as a critical benchmark for price stability in Brazil's largest economic hub and often leads national inflation trends.
The index uses a Laspeyres formula to track price changes in a fixed basket of goods and services consumed by families with incomes between 1 and 10 minimum wages. Data is collected daily across various retail outlets in São Paulo.