Macroeconomy/Finance

General Price Index slows in February from 1.07% to 0.01%

The General Price Index-10 (IGP-10) had a positive change of 0.01% in February, after increasing 1.07% in January, according to data released today by Fundação Getulio Vargas (FGV). With this result, the index accumulated an increase of 1.08% in the year and 7.39% in 12 months. In February 2019, the index had registered an increase of 0.40% in the month and an increase of 6.98% in 12 months. The IGP-10 measures the evolution of product prices and comprises 60% of the Wholesale Price Index (IPA); 30% of the consumer price index (CPI); and 10% of the National Index of Construction Costs (INCC).

Source: Eu Quero Investir