IGP-M closes in March with more severe deflation since 2003
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The General Price Index - Market (IGP-M) ended the month of March, with rates of -0.74%, according to data released this Monday (30) by the Getulio Vargas Foundation (FGV). The rate is the lowest since June 2003 when was -1.00%. In February, the variation of the IGP-M had been positive at 0.26%.
The decline of the indicator was the result, principally, the deflation of 1.24% observed between the wholesale price in the month, compared with rate of 0.20% in February.
In the original cut by the largest low-pressure came from agricultural products, which were on average 2.82% cheaper, after a high of 1.25% in the previous month. The rate of industrial products also declined, but to a lesser extent, from -0.18% to -0.72%.
By stages of production, raw group registered the largest decline, from 0.60% to -2.97%.
Consumer prices
The Consumer Price Index (CPI) was the only one of the three components of the IGP-M to record acceleration in the shift from February to March, from 0.40% to 0.43%. The main contribution came from high-food group, whose rate fell from 0.25% to 0.60%.
Also had high rates of housing groups (from 0.24% to 0.36%) and clothing (from -0.72% to 0.00%). In contrast, the education groups, reading and recreation (from 1.59% to 0.14%), transport (from 0.52% to 0.45%), health and personal care (from 0.63% to 0, 59%) and miscellaneous expenditure (from 0.35% to 0.34%) recorded deceleration.
Already the National Index of Construction Cost (INCC) recorded in March, range from -0.17% below the result of the previous month of 0.35%.
Source: G1
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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