RIO DE JANEIRO, Oct. 8 (Xinhua) -- Brazil's National Consumer Price Index (IPCA) fell to a one-year low of 0.26 percent in September, down from 0.28 percent in August and up from 0.18 percent in September 2007, the Brazilian Institute of Geography and Statistics (IBGE) said Wednesday.
The food products prices, which were mainly responsible for the high inflation rate in the first half of this year, fell by 0.27 percent, down from a 0.18-percent deflation in August.
Experts said the food product sector's deflation would have had an even larger impact on the IPCA if other sectors had not registered sharp price increases in September.
The prices of gas, clothes and transporting increased by 0.69 percent, 0.7 percent and 0.8 percent in September, respectively.
The accumulated inflation rate this year has reached 4.76 percent, up from 2.99 percent in 2007.
The Brazilian government has set an inflation target of 4.5 percent for 2008, with a tolerance of two percentage points.
The IPCA is Brazil's official inflation index, used by the government to set the country's inflation target. The rate has been calculated since 1980 in 11 largest cities of Brazil.