IGP-10 slows to 0.04% in March 2025
The index has accumulated a rise of 1.44% in the year and 8.59% in the last 12 months.
The General Price Index - 10 (IGP-10) rose by 0.04% in March, down on the previous month, when it had risen by 0.87%. With this result, the index has accumulated a rise of 1.44% in the year and 8.59% in the last 12 months. In March 2024, the IGP-10 had fallen 0.17% in the month and had an accumulated drop of 4.05% in 12 months.
“In Producer Prices, global uncertainty intensified by the US Trade War led to a fall in iron ore prices in March, impacting on the IPA's decline. Within the INCC, almost all the groups slowed down, with the exception of Materials and Equipment, which recorded a rise of 0.52%, driven by an increase in the price of Installation Materials. As for consumer prices, the Housing group had a significant influence on the rise in the index, especially due to variations in residential electricity tariffs and residential rents,” says Matheus Dias, an economist at FGV IBRE.
What is the accumulated IGP-10 over 12 months
The accumulated IGP-10 is 8.59% over the last 12 months.
Broad Producer Price Index (IPA) slows to -0.26%
In March, the Broad Producer Price Index (IPA) fell 0.26%, a significant drop compared to the 1.02% rise seen in February. Looking at the different stages of processing, it can be seen that the Final Goods group accelerated to 1.12% in March, after registering a rate of 0.10% in February. Following this behavior, the index corresponding to Final Goods (ex), which excludes the subgroups of fresh food and fuels for consumption, rose from 0.17% in February to 0.34% in March. The rate for the Intermediate Goods group fell to 0.14% in March, a significant drop compared to the previous month, when it registered a rate of 1.17%. The Intermediate Goods (ex) index (excluding the sub-group of fuels and lubricants for production) rose to 0.30% in March, but to a lesser extent than in the previous month, when it rose by 0.99%. The Raw Materials stage slowed to -1.36% in March, after rising 1.49% in February.
CPI rises to 1.03% in March
In March, the Consumer Price Index (CPI) registered a rate of 1.03%, accelerating in relation to the previous month, when the index rose by 0.44%. Among the eight expenditure classes that make up the index, five showed increases in their rates of change: Housing (-0.44% to 2.77%), Food (0.87% to 1.31%), Clothing (-0.46% to 0.24%), Communication (0.08% to 0.40%) and Miscellaneous Expenses (0.53% to 0.84%). On the other hand, the Education, Reading and Recreation (0.29% to -1.98%), Transportation (1.14% to 1.03%) and Health and Personal Care (0.61% to 0.51%) groups saw their rates of change fall.
National Construction Cost Index (INCC) drops to 0.43% in March
In March, the National Construction Cost Index (INCC) registered a rise of 0.43%, but lower than the 0.55% rate seen in February. Looking at the three groups that make up the INCC, there were different movements in their respective rates of change from February to March: the Materials and Equipment group accelerated from 0.33% to 0.52%; the Services group slowed its rate from 0.90% to 0.18%; and the Labor group fell from 0.79% to 0.36%.
Leia também
