Industrial cost goes up by 8.6%

The Industrial Cost Indicator rose 8.6% in the third quarter of 2020 compared with the previous quarter, pressured by rising input and raw material costs. The figure, released by the National Confederation of Industry (CNI), is the largest increase ever recorded in the historical series that began in 2006. The rise in the index has triggered a warning signal in industry, according to the entity, because the recent series shows the increasing increase in costs related to domestic and imported intermediate goods.

Source: UOL Economia