The key variables behind the result are linked to the prices of goods in the domestic market, favorable exports for grains and meats, and the production of the 2020 harvest.
The rate is the highest for September since 2003 (0.78%). The figure brings the IPCA to 1.34 percent year to date and to 3.14 percent in 12-months, the survey reports.
Research Manager Bernardo Almeida explained that this performance is linked to the efforts to end or loose social isolation measures.
In the first quarter of 2020, the GDP went down 5.9 percent from the same time span in 2019. In this comparison, a positive performance was reported for agriculture (1.6%), and declines for industry (-6.5%) and services (-5.9%).
If the GDP is confirmed to sink for two consecutive quarters, the country can be said to face technical recession.
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