IGP-M increases by 0.42% in September and is above

The general commercial prices index (IGP-M) accelerated the rise to 0.42% in September, from 0.36% in the previous month, following the expected, showed the data issued by the Getulio Vargas (FGV) Foundation on Monday

The expectation in the Reuters survey was anticipated by 0.35%and with the result of the month in which the index began to accumulate in 12 months more than 2.82%.

The large index of manufacturer’s prices (IPA), which represents 60% of the total index and investigates wholesale prices, growing by 0.49% in September, after having increased 0.43% in the previous month.

“The fall between the final goods was less intense, which favored the acceleration of the IPA,” said André Braz, an economist FGV Ibre, since the drop in the final costs of the goods went to 0.02 in the month, a deflation of 0.55% of the previous month.

The progress of gross raw materials slowed down 1.47% of 1.56% earlier.

“This movement of raw materials that increases less can reduce pressure from transfers along the production chain,” he added.

The consumer price index (IPC), which has a weight of 30% in the total index, advanced 0.25% in September, a drop of 0.07% in August.

Among the eight expenditure classes that make up the index, four presented progress in their variation rates: homes (from -0.19% to 1.14%), education, reading and recreation (-0.78% to 0.38%), transport (from -0.22% to 0.16%) and food (-0.42% to -0.29%).

“In the IPC, the end of the Itipu bonus has increased the price of electricity, which has become the main influence on the rate that measures the cost of living,” said Braz, referring to the quantity distributed to consumers every year after the balance recorded in the marketing account of the energy hydroelectric plants in the previous year.

The National Construction Costs index (INCC) collected in the period 0.21%, by an increase of 0.70% of August.

IGP-M calculates prices to the manufacturer, the consumer and under construction between the 21st month and 20 of the reference month.

Source: Terra

Rose

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