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How inflation impacts Brazilians according to income

inflation rate brazil income
Inflation didn’t impact all Brazilians alike. Photo: ABr

Though it may seem like a statement from Captain Obvious, inflation rates impact rich and poor Brazilians in different ways. And while logic would suggest that poorer populations are more vulnerable to price hikes, in this particular instance, it’s wrong. For the past 12 months, inflation rates have been higher for richer Brazilians when compared to poorer populations.

In its trimester research on Brazil’s economic outlook, the Institute of Applied Economics (Ipea) points out that “a 2.4 percent rise in fuel prices and a 1.1 percent rise in healthcare premiums pushed up inflation rates for health services and...

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