The General Price Index – Internal Availability (IGP-DI) registered a drop of 0.18% in November, after a reduction of 0.62% in October, announced this Wednesday (7) the Getulio Vargas Foundation (FGV).
The result of the indicator was within the range of financial market forecasts, which estimated a drop between 0.58% and 0.02%, with a negative median of 0.18%, according to the institutions consulted by the Broadcast projections🇧🇷 As a result, the IGP-DI accumulated an increase of 4.71% in the year. In 12 months, there was an increase of 6.02%.
FGV also informed the results of the three indicators that make up the IGP-DI. The IPA-DI, which represents the wholesale price, dropped by 0.43% in November, compared to a drop of 1.04% in October. The IPC-DI, which measures the evolution of retail prices, rose 0.57% in November, after rising 0.69% in October. The INCC-DI, which measures the impact of prices on construction, increased by 0.36% in November, after rising by 0.12% in October.
The price collection period for the November index was from the 1st to the 30th of the month.
The core Consumer Price Index – Domestic Availability (IPC-DI) for November rose 0.27%, after rising 0.30% in October. The core of the CPI-DI is used to measure trends and is calculated by excluding the main declines and the most expressive rises in retail prices. Also according to the FGV, the core accumulated an increase of 5.85% in the year and an increase of 6.41% in 12 months.
IPAs
The prices of wholesale agricultural products measured by the IPCA Agrícola fell 0.96% in November, after a fall of 1.79% in October, within the IGP-DI, informed the FGV.
Industrial products measured by the Industrial IPA fell by 0.22% in November, compared to a reduction of 0.73% in October.
Within the Wholesale Price Index according to Stages of Processing (IPA-EP), which allows viewing the transmission of prices along the production chain, the prices of final goods increased by 0.38% in November, compared to an increase of 0 .25% in October.
Intermediate goods prices dropped 0.48% in November, after dropping 0.53% in October. The prices of raw materials registered a reduction of 1.15% in November, after a decrease of 2.79% in October.
Source: CNN Brasil
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
