The General Price Index – Internal Availability (IGP-DI) fell by 0.62% in October, after a reduction of 1.22% in September, announced this Tuesday (8), informed the Brazilian Institute of Economics of Getulio Vargas Foundation (FGV Ibre).
The data was within the range of financial market forecasts, which estimated a fall between 0.43% and 0.92%, with a negative median of 0.75%, according to institutions heard by Projeções Broadcast.
As a result, the IGP-DI accumulated an increase of 4.89% in the year. In 12 months, there was an increase of 5.59%.
FGV also reported the results of the three indicators that make up the IGP-DI. The IPA-DI, which represents wholesale, fell by 1.04% in October, compared to a drop of 1.68% in September. The IPC-DI, which measures the evolution of retail prices, rose 0.69% in October, after rising 0.02% in September.
The INCC-DI, which measures the impact of prices on construction, rose 0.12% in October, after rising 0.09% in September.
The price collection period for the October index was from the 1st to the 31st of the month.
Source: CNN Brasil
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