IGP-10 retreats 0.14% in December, says FGV
The General Price Index – 10 (IGP-10) registered deflation (price drop) of 0.14% in December this year. The rate is lower than that observed in November this year, which had inflation of 1.19%, and in December 2020, with inflation of 1.97%.
According to the Getulio Vargas Foundation (FGV), the indicator accumulated an inflation rate of 17.30% in 12 months, below the 24.16% in December 2020.
The Broad Producer Price Index (IPA), which measures the wholesale, had 0.51% deflation in December. In November, inflation of 1.31% was registered. The National Construction Cost Index (INCC) also had a drop in the rate from November to December, but continued to record inflation, moving from 0.95% to 0.54%.
The Consumer Price Index (CPI), which measures retail, on the other hand, had an increase in the rate, rising from 0.79% in November to 1.08% in December.
Text translated using artificial intelligence.