Rise of industry prices seen in half of the activities surveyed
March 02, 2018 09h00 AM | Last Updated: March 02, 2018 05h21 PM
Industry prices rose 0.43% from December to January 2017, according to the Producer Price Index (IPP) released today by the IBGE. Althouh the rise surpassed the December/November 2027 comparison (0.42%), there was decrease of the number of sectors with positive changes. In January, 12 of the 24 activities had price rises, against 16 in the preceding month.
“Despite the several sector with positive changes, the January index as very close to the December figure. That happened because many important activities for the calculation of the IPP faced a bigger rise in prices," says the manager of Analysis and Methodology of the IBGE, Alexandre Brandão.
Among the examples of sectors which recorded more significant rises are petroleum products (which had a hike of 3.15% in January and of 0.82% in December), other chemicals (with rise of 1.84% in January and of 0.10% in December) and vehicles (1.27% in January and 0.24% in December).
Brandão also explains the increased fall of pfood prices prevented the January result from being even higher. The sector, which represents approximately 20% of the weight in the IPP, fell by 1.08% in January, whereas the December rate was -0.19%.
