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Economic indicators

Index to readjust rent rises 0.22% in the second prior January

19/01/2012

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




Flavia Villela
Reporter Agency Brazil



Rio de Janeiro - The General Price Index - Market (IGP-M) increased to 0.22% in the second previous January. The figures were disclosed today (19) by the Getulio Vargas Foundation (FGV). Last month, for the same collection period, the change was -0.07%. The second ten-day period of the IGP-M comprises the interval between 21 and 10 of the previous month of the reference month.
 
In the three indicators that make up the IGP-M, the Producer Price Index Broad (IPA) varied -0.04%, but the decline was less pronounced than that of the previous advance, which came to -0.38%.

Also in the second ten-day period in January, the Consumer Price Index (CPI) registered an increase of 0.81%, compared to an increase of 0.59% in the second previous December. According to FGV, the National Index of Construction Cost (INCC) presented the second ten-day period in January, a variation of 0.6%. In the second ten-day period of December, the rate was 0.43%.

The cumulative rate of IGP-M is used as the basis for calculating adjustment in rental prices. The IGP-M accumulated increase of 4.5% in 12 months.




Source: Agency Brazil

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