Cheaper light
The Central Bank expects a 16% decrease in residential energy bills.
Kelly Oliveira
Reporter from Agência Brasil
Brasilia - The Central Bank (BC) expects a decrease of approximately 16% in residential electricity tariffs, compared to the previous expectation of a 15% reduction in July. This information was released in the minutes of the last meeting of the BC's Monetary Policy Committee (Copom).
"This estimate takes into account the direct impacts of the announced reductions in sector charges, as well as ordinary tariff adjustments and revisions scheduled for this year," reports the Central Bank.
There was also a change in the estimate for the price of cooking gas cylinders, which went from stable to an increase of 2,5%. Regarding fixed-line telephone rates, in July a 2% decrease was predicted, and now the Central Bank expects a 1% reduction.
The projected increase in gasoline prices for the full year of 2013 was maintained at 5%.
For the set of prices administered by contract and monitored, the projection of 1,8% was maintained for 2013. For 2014, the estimate of 4,5% was maintained.