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Economic indicators

Index that modifies rent deflation is more pronounced since 2005

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 


The General Price Index - Market (IGP-M) closed the month of January with deflation of 0.44%, according to data released this Thursday (29) by the Getulio Vargas Foundation (FGV). The rate is the lowest since September 2005 when it was negative at 0.53%. The IGP-M is used to adjust most of the contracts of rent.

The deflation of the indicator also the second consecutive month. In December, had been in -0.13%.

The impetus for the decline of the IGP-M came from the wholesale price, which retreated on average 0.95% in the period. The previous month the rate was of -0.42%. In the original cut for the fall came from industrial products, which were 1.48% cheaper, after registering 0.48% decline from the previous month. Have agricultural products rose 0.55%, following a deflation of 0.28% in December.

In stages by cutting production, the index for finished goods ranged -0.44% in January. In December, this product group showed variation of -0.41%. Contributed to the slowdown subgroup vehicles and accessories, whose rate of change decreased from -0.93% to -6.45%.

Consumer prices rise

Even with the decline of the IGP-M, the consumer prices were high in January. Component of the indicator, the Consumer Price Index (CPI) had change of 0.75% in January. In the previous month, the variation was from 0.58%.

The main contribution came from high-education group, whose rate fell from 0.40% to 2.30%, pulled the item formal courses, with a high of 3.67%. also had high rates of food groups (from 0.82% to 0.96%), transport (from 0.50% to 0.85%) and miscellaneous expenditure (from 0.22% to 0.36%).

In contrast, the housing group (from 0.45% to 0.30%), clothing (from 0.58% to 0.22%) and health and personal care (from 0.71% to 0.49%) recorded decreases in their rates of change.

Construction

Third component of the IGP-M, the National Index of Construction Cost (INCC) recorded in January, variation of 0.26% above the result of the previous month of 0.22%. Groups services and labor-had increases in their rates of change, from 0.75% to 1.02% and 0.03% to 0.17%, respectively. The materials group showed a reduction in their rate of variation of 0.31% to 0.20%.



Source: G1

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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