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Ratio rescheduling falls in July second preview

Housing

Data from the Getulio Vargas Foundation show that the General Market Price Index (IGP-M) accumulated a fall of 2.65% in 2017

Used to readjust the rental contracts, the General Price-Market Index (IGP-M) decreased 0.71% in the second preview of July. The data are from the Getulio Vargas Foundation (FGV) and were  released on Wednesday (19) . 

The IGP-M accumulated falls of 2.65% in 2017 and 1.66% in 12 months. The deflation of the second July preview was driven by wholesale prices, as the Broad Producer Price Index fell by 1.14%.

The Consumer Price Index, which analyzes retail, indicated inflation of 0.04%. The National Construction Cost Index registered inflation of 0.13%.

The second IGP-M advance is calculated based on prices collected between the 21st of the previous month and the 10th of the reference month.

Source: Agência Brasil