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Economic indicators

With cheaper cars, PGI-M shows deflation in the second prior to January

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

 


Indicator resets rents ranged -0.58%.
Car prices retreated 9.41% in wholesale.
The General Price Index - Market (IGP-M) again to record the second deflation prior January, according to data released this Wednesday (21) by the Getulio Vargas Foundation (FGV). The indicator is used to correct the majority of contracts of lease, pointed variation of -0.58% in the period, compared with 0.05% in the second prior December.

The decline of the index was anchored in wholesale prices, which had deflation of 1.09%, compared with -0.15% the previous month. Within the wholesale price index (IPA), the largest influence came from low-car for passengers, with fall of 9.41%.

Also exerted significant pressures for the fall of the cattle IPA (-5.25%), tomato (-13.41%), sulfuric acid (-49.00%) and kerosene for aviation (-18.33%).

In cutting for home, industrial products were more pronounced deflation of 1.37%, before also negative rate of 0.32% in the previous month. But the agricultural products were on average 0.31% cheaper, after high of 0.36% in the first prior of the IGP-M in December.

To consumers, inflation rises
Among the components of the IGP-M, the Consumer Price Index (CPI) was the only one present acceleration of the rate in the first passage prior to December of the same period in January, from 0.54% to 0.59%.

The main focus was the high-education group, whose rate fell from 0.38% in December to 1.18% in January, influenced by the adjustment of monthly courses of training, the rate rose from 0.00% to 1 , 68%.

Also followed the upward trajectory of the groups transport rates (from 0.33% to 0.72%), food (from 0.76% to 0.81%) and miscellaneous expenditure (from 0.16% to 0.27%) . On the contrary, the housing group (from 0.45% to 0.28%), health and personal care (from 0.65% to 0.50%) and clothing (from 0.72% to 0.38%) showed decline in their rates of change.

Construction

The National Index of Construction Cost (INCC) presented in the second decendial January, the rate of 0.15%, up 0.25% in the second decendial December. The rate of the index for materials and services declined from 0.38% in December determination, to 0.29% in January. The index that captures the cost of labor did not change in January. In the determination concerning the same period of the previous month, the index showed variation of 0.10%.


Source: G1

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