Central Bank’s Focus estimates IGP-M for 2021 to rise to 6.97%

The Market Report Focus, divulged by the Central Bank, showed that the median of the projections of the General Index of Prices – Market (IGP-M) of 2021 went from 6,65% to 6,97%. One month ago, it was at 4.94%. In the case of 2022, the projected IGP-M continued at a high of 4.00%, the same as four weeks earlier. Calculated by the Getúlio Vargas Foundation (FGV), the General Price Indexes (IGPs) are greatly affected by the performance of the exchange rate and by wholesale products, especially agricultural products.

Source: UOL Economia