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Economic indicators

Rate of inflation which resets rents falls 0.53% in the prior April 1st, says FGV

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




The IGP-M (General Price Index - Market), rate of inflation used in the adjustment of contracts of lease, was falling from 0.53% in the first reading prior to April, falling to 0.45% against the same reading in March . Last year, the index accumulated fall of 1.44% and in the last 12 months, the indicator is high 4.99%. The data was released this Wednesday by the FGV (Fundação Getulio Vargas).

The methodology applied in calculating the IGP-M is the same as the IGP-10 and IGP-DI, also established by the FGV, with the only difference of having a different period of collection. The first preview of the IGP-M in April included the interval between 21 and 31 of March.

The IPA (wholesale price index) fell 0.94% in the first advance of this month, compared with that of 0.71% in the same reading of last month. The index for finished goods rose a slight positive variation of 0.04% to drop from 0.17%, with an emphasis on the subgroup durable goods (from -0.13% to -0.98%). The index for intermediate goods increased from 0.60% to fall to a greater fall of 1.87%, with an emphasis on the subgroup materials and components for manufacturing (from -0.88% to -1.98%).

But the index for raw fall was from 0.43%, against a larger drop of 1.90%, a month before. The highlights were soy beans (-7.83% to 1.92%), milk in natura (-0.75% to 3.44%) and coffee beans (-3.03% to 1.80%) . Already the prices of items of iron ore (2.17% to -4.11%), rice (in husk) (-3.24% to -8.29%) and in cotton seed (2.16% to -- 4.26%) retreated.

The CPI (Consumer Price Index) was higher 0.42%, 0.03% above the March. The highlights were the food groups (-0.51% to 0.68%) and garments (-0.79% to 0.31%), particularly the fruit items (-1.30% to 4.03%) , vegetables and legumes (-0.75% to 1.99%), beef (-3.54% to -1.39%), milk (0.04% to 0.85%) and clothing (-0 , 72% to 0.85%).

Housing prices in the groups (0.29% to 0.39%), Miscellaneous Expenses (0.01% to 0.58%) and Health and Personal Care (0.58% to 0.71%) also accelerated, with emphasis on domestic employees (1.21% to 3.24%), smoking (for high stability of 1.33%) and drugs in general (0.54% to 0.97%).

Already prices Transport in groups (0.45% to -0.05%) and Education, Reading and Recreation (0.08% for stability) slow, especially for alcohol fuel (1.86% to -1.95% ) and airfare (-5.22% to -7.27%).

The INCC (National Index of Construction Cost) had decrease of 0.08% from high of 0.16% in the first previous March. The index for materials, equipment and services recorded fall of 0.22% against 0.20% high a month before. The index of cost of labor was high of 0.09% from high of 0.11% in the first previous March.



Source: Folha On Line

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

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