IGP-DI accelerates high to 2.01% in January, says FGV

The General Price Index-Internal Availability (IGP-DI) rose 2.01% in January, starting 2022 with acceleration compared to the 1.25% rate in December, according to data released this Monday by the Fundação Getulio Vargas (FGV) .

The result was above expectations in a Reuters poll, up 1.78%, and led the index to accumulate a high of 16.71% in 12 months.

In January, the Broad Producer Price Index (IPA-DI), which accounts for 60% of the general indicator, advanced 2.57%, after gaining 1.54% in the previous month.

According to André Braz, coordinator of price indices, this result was a reflection of the acceleration of commodities and fuels. Iron ore also had a significant contribution, of 30%, in the acceleration of the IPA rate, although it cooled the rise to 11.33% in January, from 17.62% in the previous month.

“In addition to the contribution of ore, soy (from 0.89% to 5.55%), corn (from -0.02% to 8.40%) and diesel (from 0% to 5.13%) also recorded increases and contributed to the rise in inflation measured by the IGP-DI”, added Braz.

For the consumer, the pressure has eased, as the Consumer Price Index (IPC) — which accounts for 30% of the IGP-DI — rose 0.49% in the period, after rising 0.57% in December .

Among the groups that make up the consumer index, the highlight was Housing, which slowed down to 0.13% last month, compared to 1.10% in December, after a 1.76% drop in residential electricity tariffs. . In the previous month, this item had risen 3.06%.

The National Construction Cost Index (INCC) accelerated the rise to 0.71% in January, from 0.35% in the previous month.

The IGP-DI calculates producer, consumer and civil construction prices between the 1st and the last day of the reference month.

Source: CNN Brasil

You may also like