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The May truckers' strike sped up Brazilian inflation in June, which reached 1.26%, its highest level since January 2016, reported Friday the Brazilian Institute of Geography and Statistics (IBGE)
. The sectors that have experienced the highest index (IPCA) are housing (2.48%), food and beverages (2.03%) and transportation (1.58%).
In animal feed, chicken prices climbed (from -0.99% in May to 8.02% in June), as did meat (from -0.38% to 4.60%) and milk
The price of electric power rose 7.93%, more than double the May 3.53%.
The IPCA had already increased from 0.22% in April to 0.40% in May, reflecting the shortage of fuel, inputs and food caused by truckers' strikes against prices diesel, which paralyzed the country during the last ten days of May
.
During the first six months of the year, the IPCA reached 2.60%, compared to 1.18% over the same period last year
. Strike impact also appeared over the cumulative 12-month period, which reached 4.39% in June, from 2.86% in the same period in May.
Even with the decline, the IPCA is in the Central Bank's 4.5% targets this year, with a 1.5-point margin up or down.
Market expectations of inflation of 4.03% this year, according to the latest Focus survey conducted weekly by the Central Bank.
In 2017, the price increase was 2.95%.
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