IGP-M, which had risen 0.95% in September last year, changed 0.20% this year. In 12 months rate fell to 10.66%

The indicator most used to reset the lease agreements, the General Price Index - Market (IGP-M), decelerated in September. According to the Getulio Vargas Foundation (FGV) went from 0.95% to 0.20% compared to the same month last year.

To reach the final number of the IGP-M, the foundation makes a balance between the other three indicators.According to the survey, the parameter that most influenced favorably was the Consumer Price Index (CPI), which ranged 0.16%.

Of the eight groups evaluated by FGV six decelerated prices. The main contribution came from Food group (which went from 0.66% to 0.09% between August and September). The dairy item, the rate went from 6.46% to -1.39%, was one of the highlights.

Cost of living

Also decelerated Transport groups (0.27% to -0.12%), Health and Personal Care (0.76% to 0.40%), Education, Reading and Recreation (0.83% to 0.56% ), communication (0.39% to 0.02%) and Miscellaneous expenses (0.10% to -0.27%).

Over 12 months, the IGP-M stood at 10.66% in September - this was the third consecutive slowdown indicator in this type of evaluation.

Source: Portal Brazil, with information FGV