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November 17, 2022
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IGP-10 has a price drop of 0.59% in November

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The General Price Index – 10 (IGP-10), measured by the Getulio Vargas Foundation (FGV), recorded deflation (fall in prices) of 0.59% in November this year. The fall is smaller than that observed in October (-1.04%).IGP-10 has a price drop of 0.59% in November

As a result, the IGP-10 accumulates inflation rates of 5.70% in the year and 5.55% in 12 months.

The Broad Producer Price Index (IPA), which measures the wholesale, went from a deflation of 1.44% in October to a drop in prices of 0.98% in November.

According to the FGV, the Consumer Price Index (IPC), which measures retail, and the National Construction Cost Index (INCC) had increases in their inflation rates.

CPI inflation rose from 0.17% in October to 0.67% in November, while the INCC rate rose from 0.01% to 0.19% in the period.

The IGP-10 is measured based on prices collected between the 11th of the previous month and the 10th of the reference month.

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