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Economic indicators

Inflation of the rent gains strength in early January, says FGV

10/01/2017

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

 

 

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IGP-M rose from 0.20% in December to 0.86% in January. In 12 months, the index accumulated a high of 6.88%, according to the Getulio Vargas Foundation.

The General Market Price Index (IGP-M), known as rent inflation, because it is used to readjust most real estate contracts, changed 0.86% in the first week of January, after registering a rise of 0.20% In the same period of December. 

IGP-M accelerates in early January, according to FGV. (Photo: Reproduction / TV TEM)

In 12 months, the IGP-M accumulated a high of 6.88%, according to the Getulio Vargas Foundation (FGV), on Tuesday (10).

Used in the calculation of the IGP-M and exercising the heaviest weight, the Extended Producer Price Index (IPA), which evaluates wholesale prices, accelerated from 0.3% to 1.13%.

The subindex calculating retail prices also showed progress. From a fall of 0.02% in December, the Consumer Price Index (CPI) rose 0.40% in January.

The National Construction Cost Index (INCC), which is also used in the calculation of the IGP-M, but with a lower weight than the other sub-indices registered a variation of 0.22%, against 0.12%.

 

Source: G1

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